Data on world production
This dataset provides information on production related variables for eighty-two countries over the period 1960–1987.
worldprod
A data frame with 2,296 observations on the following 12 variables.
Country name.
Country identification.
Year identification.
GDP in 1987 U.S. dollars.
Physical capital stock in 1987 U.S. dollars.
Labor (number of individuals in the workforce between the ages of 15 and 64).
Human capital-adjusted labor.
Log of y.
Log of k.
Log of l.
Log of h.
Log of the initial capital to labor ratio of each country,
lk - ll, measured at the beginning of the sample period.
The dataset is from the World Bank STARS database and has been used in Kumbhakar et al. (2014).
Kumbhakar, S.C., H.J. Wang, and A. Horncastle. 2014. A Practitioner's Guide to Stochastic Frontier Analysis Using Stata. Cambridge University Press.
str(worldprod) summary(worldprod)
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