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 6 columns.
This data frame contains the following columns:
food consumption per capita.
ratio of food prices to general consumer prices.
disposable income in constant dollars.
ratio of preceding year's prices received by farmers to general consumer prices.
time in years.
Kmenta, J. (1986) Elements of Econometrics, Second Edition, Macmillan.
Use the following R code to directly access this dataset in R.
