On this R-data statistics page, you will find information about the Kmenta data set which pertains to Partly Artificial Data on the U. S. Economy. The Kmenta data set is found in the sem R package. You can load the Kmenta data set in R by issuing the following command at the console data("Kmenta"). This will load the data into a variable called Kmenta. If R says the Kmenta data set is not found, you can try installing the package by issuing this command install.packages("sem") and then attempt to reload the data. 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 Kmenta R data set. The size of this file is about 576 bytes.

Partly Artificial Data on the U. S. Economy

Description

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.

Usage

Kmenta

Format

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.

Details

The exogenous variables D, F, and A are based on real data; the endogenous variables P and Q were generated by simulation.

Source

Kmenta, J. (1986) Elements of Econometrics, Second Edition, Macmillan.

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Dataset imported from https://www.r-project.org.