Wooldridge Source: D. Romer (1993), “Openness and Inflation: Theory and Evidence,” Quarterly Journal of Economics 108, 869-903. The data are included in the article. Data loads lazily.
data('openness')A data.frame with 114 observations on 12 variables:
open: imports as percent GDP, '73-
inf: avg. annual inflation, '73-
pcinc: 1980 per capita inc., U.S. $
land: land area, square miles
oil: =1 if major oil producer
good: =1 if 'good' data
lpcinc: log(pcinc)
lland: log(land)
lopen: log(open)
linf: log(inf)
opendec: open/100
linfdec: log(inf/100)
https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041
pages 566, 579
str(openness)
#> 'data.frame': 114 obs. of 12 variables:
#> $ open : num 31.4 9.4 16.7 35.6 91 ...
#> $ inf : num 9.9 117 9.5 5 4.8 ...
#> $ pcinc : int 1998 4342 8349 8230 9185 540 4454 9228 534 1529 ...
#> $ land : num 919595 1072067 2966150 32375 240 ...
#> $ oil : int 0 0 0 0 1 0 0 0 0 0 ...
#> $ good : int 0 1 1 1 0 0 0 1 0 1 ...
#> $ lpcinc : num 7.6 8.38 9.03 9.02 9.13 ...
#> $ lland : num 13.73 13.89 14.9 10.39 5.48 ...
#> $ lopen : num 3.45 2.24 2.82 3.57 4.51 ...
#> $ linf : num 2.29 4.76 2.25 1.61 1.57 ...
#> $ opendec: num 0.314 0.094 0.167 0.356 0.91 ...
#> $ linfdec: num -2.313 0.157 -2.354 -2.996 -3.037 ...
#> - attr(*, "time.stamp")= chr "25 Jun 2011 23:03"