DATA9-7:
Quarterly data compiled by Ophir Gottlieb
** all real dollar data are in 1982-84 dollars **
YEAR = 1975.1 - 1990.4
QNC = number of new cars sold (in thous.) - Wards Automotive
Yearbook, Range 1754 - 3337.
PRICE = average real price index of a new car, Economic Report of the
President, Range 60.2 - 121.4.
INCOME = per capita disposable personal income in thousands of
1982 dollars - Citibase data series, Range 8.985 - 11.93.
PRIME = prime interest rate (in %) - Economic Report of the President,
Range 4.89 - 15.08.
UNEMP = unemployment rate (in %) - Employment and Earnings,
Range 4.4 - 8.7.
STOCK = number of cars on road (in thousands) - Statistical Abstract
of the U.S., Range 79.231 - 107.585.
POP = Population in millions - Interpolated from annual values
from the Economic Report of the President,
Range 215.973 - 251.966.
WINTER = 1 for the winter quarter and 0 otherwise. The other
seasonal dummies are defined similarly.
SAMPLE 1 64
* Sample period 1975.1-1990.4
READ (DATA9-7) YEAR QNC PRICE INCOME PRIME UNEMP STOCK POP &
WINTER SPRING SUMMER FALL