kmenta {systemfit}R Documentation

Partly Artificial Data on the U. S. Economy

Description

These are partly contrived data from Kmenta (1986), constructed to illustrate estimation of a simultaneous-equation model.

The kmenta data frame has 20 rows and 5 columns.

Usage

data(kmenta)

Format

This data frame contains the following columns:

q
food consumption per capita.
p
ratio of food prices to general consumer prices.
d
disposable income in constant dollars.
f
ratio of preceding year's prices received by farmers to general consumer prices.
a
time in years.

Details

The exogenous variables d, f, and a are based on real data; the endogenous variables p and q were generated by simulation.

Source

Kmenta, J. (1986) Elements of Econometrics, Second Edition, Macmillan.

Examples

data(kmenta)

[Package Contents]