Hi all,
I'm totally new to Stata and this is my first post in this forum :-).
I have the following problem: I have a Data set in the form of
Country Year (GDP/capita)( Labor force,total) Gross fixed capital formation, (% of GDP)
Belgium 2000 37.564,27 4.385.026 0.24
Belgium 2001 38.554,33 4.412.020 0.25
Belgium 2002 39.222,34 4.450.010 0.26
Canada 2000 40.332,43 20.354.250 0.30
Canada 2001 42.334,44 30.254.230 0.31
Canada 2002 43.543,32 40.543.210 0.33
The Data shown above is just an example of my entire Data set which consists of 20 countries for the time period 2002-2012. Now i want to generate a variable that is equal to ln(n+0.05) where n stands for average annual rate of growth of the labor force and the 0.05 is a constant (if it helps the variable is part of the Solow model). So my question is now how could i asses this problem as i spend already several hours searching the internet for it but still could not come up with a working solution. If it helps in the end my regression equation should look like
ln(GDP/capita)= constant+ln(I/GDP)+ln(n+0.05).
I would highly appreciate any help to arrive at a possible solution. Thanks in advance
Best Regards
Marco Oldenhoff
I'm totally new to Stata and this is my first post in this forum :-).
I have the following problem: I have a Data set in the form of
Country Year (GDP/capita)( Labor force,total) Gross fixed capital formation, (% of GDP)
Belgium 2000 37.564,27 4.385.026 0.24
Belgium 2001 38.554,33 4.412.020 0.25
Belgium 2002 39.222,34 4.450.010 0.26
Canada 2000 40.332,43 20.354.250 0.30
Canada 2001 42.334,44 30.254.230 0.31
Canada 2002 43.543,32 40.543.210 0.33
The Data shown above is just an example of my entire Data set which consists of 20 countries for the time period 2002-2012. Now i want to generate a variable that is equal to ln(n+0.05) where n stands for average annual rate of growth of the labor force and the 0.05 is a constant (if it helps the variable is part of the Solow model). So my question is now how could i asses this problem as i spend already several hours searching the internet for it but still could not come up with a working solution. If it helps in the end my regression equation should look like
ln(GDP/capita)= constant+ln(I/GDP)+ln(n+0.05).
I would highly appreciate any help to arrive at a possible solution. Thanks in advance
Best Regards
Marco Oldenhoff
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