kmenta               package:systemfit               R Documentation

_P_a_r_t_l_y _A_r_t_i_f_i_c_i_a_l _D_a_t_a _o_n _t_h_e _U. _S. _E_c_o_n_o_m_y

_D_e_s_c_r_i_p_t_i_o_n:

     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.

_U_s_a_g_e:

     data(kmenta)

_F_o_r_m_a_t:

     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.

_D_e_t_a_i_l_s:

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

_S_o_u_r_c_e:

     Kmenta, J. (1986) _Elements of Econometrics, Second Edition_,
     Macmillan.

_E_x_a_m_p_l_e_s:

     data(kmenta)

