Title: computing growth rates by country
I would appreciate some help on the following problem.
I have time-series data arranged like this, sorted by country year (hypothetical data):
Country Year GDP
Angola 1990 100
Angola 1991 111
Angola 1992 120
Bangladesh 1990 240
Bangladesh 1991 260
Bangladesh 1992 275
.
.
.
(57 countries)
I would like to compute the long run GDP growth rate between 1990 and 1992 for each country by regressing log(GDP(t)) on time (from 1990-92) for that country. The growth rate is given by the coefficient estimate (multiplied by 100 if you want it in percentages). I would like to append this growth rate to the above data set. For this example, I would like the new data set to look like this.
Country Year GDP GDP growth rate, 1990-92 (% p.a.)
Angola 1990 100 9.1
Angola 1991 111 9.1
Angola 1992 120 9.1
Bangladesh 1990 240 6.8
Bangladesh 1991 260 6.8
Bangladesh 1992 275 6.8
.
.
.
In other words, I am looking for an egen type command that calculates a semi-log growth rate for each country and then appends it to the data set for that country. Can someone point me to one?
Thanks in advance.
Sumiter.
Sumiter S. Broca
Economist,
Global Perspectives Studies Unit,
Office of the Assistant Director-General,
Economic and Social Department
Food and Agriculture Organization of the United Nations
Viale delle Terme di Caracalla - 00100 Rome
ITALY
Tel: +39 06 5705 3896
Cell: +39 349 2375 960
Fax: +39 06 5705 6172
�email: [email protected]