Description

This data set contains the time series used by Pierre Perron in his article: ”Trend, Unit Root and Structural Change in Macroeconomic Time Series".

Usage

Format

A data frame on real aggregate output for various countries; annual data starting in 1870 until 1986.

For further details about the data see Notes in the data appendix ‘Table D.5’ of Rao, “Cointegration for the Applied Economist".

Author(s)

Bernhard Pfaff

Source

Pierre Perron (1994), Trend, Unit Root and Structural Change in Macroeconomic Time Series, in: Cointegration for the Applied Economist, ed. B. Bhaskara Rao, chapter 4, Data Appendix, Table D.5.