Stata 11 is is used for the estimation. Different version of the stata may generate slightly different results.
*
* erratum
*
* Table 5
*
SE = 1.543 for Aggregate 3; 0.127 for Aggregate 4; SE = 0.029 for Aggregate 5; p-value = 0.498 for Aggregate 3; RMSE = 0.104 for Aggregate 1; 0.172 for Aggregate 2; 2.434 for Aggregate 3; 1.235 for Aggregate 4; 1.027 for Aggregate 5.
*
* data description
*
* source
*
JIP database 2009
*
* variables
*
year: Year
ind_id: Industry code
K: Real capital stock (millions of Japanese Yen, 2000 constant prices), by year and industry
L: Number of workers, by year and industry
wL: Wage payments (millions of Japanese Yen, 2000 constant prices), by year and industry)
VAit: Real value added (millions of Japanese Yen, 2000 constant prices), by year and industry
Kt: Total real capital stock in year t
Lt: Total number of workers in year t
wt: Average wages in year t
logKitLit: log10(K/L)
*
* label can be confirmed by typing "label list"
*
ind_id 1 "Food products" 2 "Beverages and Tobacco" 3 "Textile products" 4 "Timber and wooden products" 5 "Furniture and fixtures" 6 "Pulp and paper" 7 "Publishing and printing" 8 "Chemical products" 9 "Petroleum and coal products" 10 "Plastic products" 11 "Rubber products" 12 "Leather tanning and leather products" 13 "Ceramic, stone and clay products" 14 "Iron and steel" 15 "Non-ferrous metals" 16 "Fabricated metal products" 17 "General machinery" 18 "Electrical machinery" 19 "Transportation machinery" 20 "Precision machinery" 21 "Other manufacturing"
