Beruflich Dokumente
Kultur Dokumente
Usage
data(Grunfeld)
Format
firm
observation
year
date
inv
gross Investment
value
capital
Note
The Grunfeld data as provided in package plm is the same data as used in Baltagi (2001), see
Examples below.
NB:
Various versions of the Grunfeld data circulate online. Also, various text books (and also
varying among editions) and papers use different subsets of the original Grunfeld data, some
of which contain errors in a few data points compared to the original data used by Grunfeld
(1958) in his PhD thesis. See Kleiber/Zeileis (2010) and its accompanying website for a
comparison of various Grunfeld data sets in use.
Source
http://www.wiley.com/legacy/wileychi/baltagi/
http://www.wiley.com/legacy/wileychi/baltagi/supp/Grunfeld.fil
http://bcs.wiley.com/he-
bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452
References
Baltagi, Badi H. (2001) Econometric Analysis of Panel Data, 2nd ed., John Wiley and Sons;
accompanying website http://www.wiley.com/legacy/wileychi/baltagi/.
Baltagi, Badi H. (2013) Econometric Analysis of Panel Data, 5th ed., John Wiley and Sons;
accompanying website http://bcs.wiley.com/he-
bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452.
Kleiber, C./Zeileis, A. (2010) The Grunfeld Data at 50, German Economic Review, 11(4),
pp. 404417, http://dx.doi.org/10.1111/j.1468-0475.2010.00513.x;
website accompanying the paper with various variants of the Grunfeld data:
http://statmath.wu-wien.ac.at/~zeileis/grunfeld/.
See Also
For the complete Grunfeld data (11 firms), see Grunfeld, in the AER package.
Examples
## Not run:
# Compare plm's Grunfeld data to Baltagi's (2001) Grunfeld data:
data(Grunfeld, package="plm")
Grunfeld_baltagi2001 <- read.csv("http://www.wiley.com/legacy/wileychi/
baltagi/supp/Grunfeld.fil", sep="", header = FALSE)
library(compare)
compare::compare(Grunfeld, Grunfeld_baltagi2001, allowAll = T) # same
data set
## End(Not run)