Wooldridge Source: From Businessweek R&D Scoreboard, October 25, 1991. Data loads lazily.
data('rdchem')
A data.frame with 32 observations on 8 variables:
rd: R&D spending, millions
sales: firm sales, millions
profits: profits, millions
rdintens: rd as percent of sales
profmarg: profits as percent of sales
salessq: sales^2
lsales: log(sales)
lrd: log(rd)
https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041
It would be interesting to collect more recent data and see whether the R&D/firm size relationship has changed over time.
Used in Text: pages 64, 139-140, 159-160, 204, 218, 327-329, 339
str(rdchem)
#> 'data.frame': 32 obs. of 8 variables:
#> $ rd : num 430.6 59 23.5 3.5 1.7 ...
#> $ sales : num 4570 2830 597 134 42 ...
#> $ profits : num 186.9 467 107.4 -4.3 8 ...
#> $ rdintens: num 9.42 2.08 3.94 2.62 4.05 ...
#> $ profmarg: num 4.09 16.5 18 -3.22 19.05 ...
#> $ salessq : num 20886730 8008900 356170 17849 1764 ...
#> $ lsales : num 8.43 7.95 6.39 4.89 3.74 ...
#> $ lrd : num 6.065 4.078 3.157 1.253 0.531 ...
#> - attr(*, "time.stamp")= chr "25 Jun 2011 23:03"