R Dataset / Package plm / Parity
On this R-data statistics page, you will find information about the Parity data set which pertains to Purchasing Power Parity and other parity relationships. The Parity data set is found in the plm R package. You can load the Parity data set in R by issuing the following command at the console data("Parity"). This will load the data into a variable called Parity. If R says the Parity data set is not found, you can try installing the package by issuing this command install.packages("plm") and then attempt to reload the data with the library() command. If you need to download R, you can go to the R project website. You can download a CSV (comma separated values) version of the Parity R data set. The size of this file is about 128,898 bytes.
Purchasing Power Parity and other parity relationships
Description
A panel of 104 quarterly observations from 1973Q1 to 1998Q4
total number of observations : 1768
observation : country
country : OECD
Usage
data(Parity)
Format
A data frame containing :
- country
-
country codes: a factor with 17 levels
- time
-
the quarter index, 1973Q1-1998Q4
- ls
-
log spot exchange rate vs. USD
- lp
-
log price level
- is
-
short term interest rate
- il
-
long term interest rate
- ld
-
log price differential vs. USA
- uis
-
U.S. short term interest rate
- uil
-
U.S. long term interest rate
Source
Coakley, J., Fuertes, A. M., and Smith, R. (2006) “Unobserved heterogeneity in panel time series models”, Computational Statistics & Data Analysis, 50(9), 2361–2380.
References
Coakley, J., Fuertes, A. M., and Smith, R. (2006) “Unobserved heterogeneity in panel time series models”, Computational Statistics & Data Analysis, 50(9), 2361–2380.
Driscoll, J. C., and Kraay, A. C. (1998). “Consistent covariance matrix estimation with spatially dependent panel data”, Review of Economics and Statistics, 80(4), 549–560.
Dataset imported from https://www.r-project.org.