pder (version 1.0-1)

Solow: Growth Model

Description

yearly observations of 97 countries from 1960 to 1985

number of observations : 576

number of time-series : 6

country : world

JEL codes: O47, O41

Chapter : 07

Usage

data(Solow)

Arguments

Format

A dataframe containing:

id

country id

year

year

lgdp

log of gdp per capita

lsrate

log of the saving rate, approximated by the investement rate

lpopg

log of population growth + 0.05 (which is an approximation of the sum of the rate of labor-augmenting technological progress and of the rate of depreciation of physical capital)

References

Caselli, Francesco; Esquivel, Gerardo and Fernando Lefort (1996) “Reopening the Convergence Debate: a New Look at Cross-country Growth Empirics”, Journal of Economic Growth, 1, 363-389, 10.1007/BF00141044 .

Bond, Stephen; Hoeffler, Anke and Johnatan Temple (2001) “GMM Estimation of Empirical Growth Model”, CEPR Discussion Paper, 3048, 1-33.