Kmenta                  package:sem                  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)

