Cross Country Growth Panel — oecdpanel • np

Cross country GDP growth panel covering the period 1960-1995 used by Liu and Stengos (2000) and Maasoumi, Racine, and Stengos (2007). There are 616 observations in total. data("oecdpanel") makes available the dataset "oecdpanel" plus an additional object "bw".

Usage

data("oecdpanel")

Format

A data frame with 7 columns, and 616 rows. This panel covers 7 5-year periods: 1960-1964, 1965-1969, 1970-1974, 1975-1979, 1980-1984, 1985-1989 and 1990-1994.

A separate local-linear rbandwidth object (bw) has been computed for the user's convenience which can be used to visualize this dataset using plot(bw).

growth: the first column, of type numeric: growth rate of real GDP per capita for each 5-year period
oecd: the second column, of type factor: equal to 1 for OECD members, 0 otherwise
year: the third column, of type integer
initgdp: the fourth column, of type numeric: per capita real GDP at the beginning of each 5-year period
popgro: the fifth column, of type numeric: average annual population growth rate for each 5-year period
inv: the sixth column, of type numeric: average investment/GDP ratio for each 5-year period
humancap: the seventh column, of type numeric: average secondary school enrolment rate for each 5-year period

Source

Thanasis Stengos

References

Liu, Z. and T. Stengos (1999), “Non-linearities in cross country growth regressions: a semiparametric approach,” Journal of Applied Econometrics, 14, 527-538.

Maasoumi, E. and J.S. Racine and T. Stengos (2007), “Growth and convergence: a profile of distribution dynamics and mobility,” Journal of Econometrics, 136, 483-508

Examples

data("oecdpanel")
attach(oecdpanel)
summary(oecdpanel)
#>      growth          oecd         year         initgdp          popgro      
#>  Min.   :-0.114303   0:455   Min.   :1965   Min.   :5.746   Min.   :-3.419  
#>  1st Qu.: 0.003363   1:161   1st Qu.:1970   1st Qu.:7.002   1st Qu.:-2.794  
#>  Median : 0.020639           Median :1980   Median :7.736   Median :-2.643  
#>  Mean   : 0.020374           Mean   :1980   Mean   :7.822   Mean   :-2.680  
#>  3rd Qu.: 0.039354           3rd Qu.:1990   3rd Qu.:8.710   3rd Qu.:-2.558  
#>  Max.   : 0.158759           Max.   :1995   Max.   :9.801   Max.   :-2.402  
#>       inv             humancap      
#>  Min.   :-4.4228   Min.   :-2.1542  
#>  1st Qu.:-2.2639   1st Qu.: 0.8001  
#>  Median :-1.7814   Median : 1.4313  
#>  Mean   :-1.9328   Mean   : 1.2597  
#>  3rd Qu.:-1.4445   3rd Qu.: 1.8776  
#>  Max.   :-0.9263   Max.   : 2.4736  
detach(oecdpanel)