options crt; out causal; doc ADN "Nominal advertising expenditures per capita, dollars,\ seasonally adjusted"; doc ADR "Real advertising expenditures per capita, 1972 dollars,\ seasonally adjusted"; doc CTN "Nominal total personal consumption expenditures,\ thousands of dollars per capita, seasonally adjusted"; doc CTR "Real total personal consumption expenditures,\ thousands of 1972 dollars per capita, seasonally adjusted"; doc CGN "Nominal personal consumption expenditures on goods,\ thousands of dollars per capita, seasonally adjusted"; doc CGR "Real personal consumption expenditures on goods,\ thousands of 1972 dollars per capita, seasonally adjusted"; doc UCTN "Nominal total personal consumption expenditures,\ thousands of dollars per capita, not seasonally adjusted"; doc UCGN "Nominal personal consumption expenditures on goods,\ thousands of dollars per capita, not seasonally adjusted"; doc YPCN "Nominal disposable income per capita,\ thousands of dollars, seasonally adjusted"; doc YPCR "Real disposable income per capita,\ thousands of 1972 dollars, seasonally adjusted"; doc EXPORTN "Nominal exports of goods and services,\ dollars per capita, seasonally adjusted"; doc EXPORTR "Real exports of goods and services,\ 1972 dollars per capita, seasonally adjusted"; doc GOVDEFN "US Government national defense purchases of goods and services,\ dollars per capita, seasonally adjusted"; doc GOVDEFR "Real US Government national defense purchases of goods and services,\ 1972 dollars per capita, seasonally adjusted"; doc GNONDEFN "US Government non-national defense purchases of goods and services,\ dollars per capita, seasonally adjusted"; doc GNONDEFR "Real US Government non-national defense purchases of goods and services,\ 1972 dollars per capita, seasonally adjusted"; doc POPN "Resident US population, thousands\ (computed as average of three months' population estimate)"; doc MOODY "Moody AAA bond yield\ (computed as average of three months' yields), percentage points"; ?Source: From R. Ashley, C. W. J. Granger, and R. Schmalensee, "Adver- ? tising and Aggregate Consumption: An Analysis of Causality," ? Econometrica, Vol. 48, No. 5, July 1980, pp. 1149-1167. Data ? kindly provided by Richard Schmalensee. Data for Part 2 of ? this file from the US National Income and Product Accounts. load; end; noprint; freq q; smpl 56:1,75:4; load @OBSNO ADN ADR CTN CTR CGN CGR UCTN UCGN YPCN YPCR ; 561 15.963 21.831 1.563 2.417 0.986 1.447 1.493 0.911 1.701 2.630 562 15.792 21.682 1.572 2.411 0.987 1.435 1.556 0.970 1.720 2.639 563 16.404 22.472 1.582 2.407 0.988 1.424 1.548 0.953 1.735 2.641 564 16.119 21.831 1.604 2.420 1.002 1.429 1.723 1.128 1.764 2.661 571 16.266 21.899 1.622 2.424 1.014 1.434 1.532 0.921 1.774 2.651 572 16.406 22.021 1.628 2.418 1.015 1.425 1.620 1.002 1.789 2.656 573 16.920 22.516 1.647 2.423 1.027 1.432 1.626 1.004 1.806 2.657 574 16.642 21.924 1.649 2.417 1.019 1.419 1.769 1.148 1.799 2.637 581 16.139 21.032 1.641 2.380 1.008 1.384 1.560 0.917 1.793 2.602 582 16.191 20.942 1.650 2.392 1.006 1.384 1.639 0.992 1.799 2.608 583 16.290 21.022 1.672 2.417 1.017 1.401 1.634 0.983 1.834 2.653 584 16.713 21.618 1.685 2.433 1.026 1.417 1.812 1.159 1.855 2.678 591 17.007 22.025 1.724 2.472 1.054 1.442 1.650 0.966 1.872 2.684 592 17.547 22.799 1.749 2.495 1.067 1.455 1.754 1.071 1.905 2.716 593 18.037 23.404 1.770 2.504 1.076 1.458 1.735 1.048 1.899 2.686 594 17.795 22.932 1.773 2.499 1.067 1.445 1.875 1.176 1.913 2.696 601 18.181 23.392 1.780 2.500 1.067 1.444 1.696 0.975 1.924 2.702 602 18.552 23.914 1.808 2.524 1.085 1.458 1.819 1.096 1.939 2.708 603 18.201 23.337 1.800 2.505 1.076 1.441 1.767 1.049 1.937 2.696 604 18.074 22.874 1.803 2.496 1.070 1.428 1.909 1.179 1.931 2.673 611 18.087 22.583 1.799 2.491 1.060 1.414 1.715 0.966 1.940 2.686 612 17.919 22.174 1.817 2.514 1.067 1.424 1.818 1.065 1.962 2.714 613 18.124 22.237 1.823 2.511 1.071 1.424 1.799 1.054 1.984 2.731 614 18.519 22.617 1.853 2.548 1.089 1.447 1.962 1.201 2.014 2.769 621 18.791 22.783 1.872 2.561 1.101 1.456 1.787 1.002 2.034 2.783 622 18.806 22.571 1.896 2.582 1.111 1.463 1.905 1.121 2.056 2.799 623 19.128 22.904 1.910 2.593 1.118 1.471 1.873 1.087 2.064 2.802 624 19.328 23.144 1.936 2.615 1.134 1.485 2.048 1.251 2.075 2.803 631 18.977 22.654 1.950 2.623 1.142 1.491 1.854 1.037 2.095 2.818 632 19.738 23.541 1.965 2.638 1.149 1.497 1.974 1.158 2.112 2.835 633 20.243 24.071 1.993 2.662 1.161 1.504 1.962 1.135 2.136 2.854 634 19.769 23.396 2.007 2.670 1.164 1.503 2.124 1.286 2.168 2.884 641 20.950 24.777 2.045 2.709 1.192 1.530 1.958 1.097 2.213 2.931 642 21.330 25.122 2.076 2.747 1.211 1.555 2.071 1.209 2.272 3.006 643 21.466 25.162 2.110 2.782 1.233 1.579 2.074 1.202 2.300 3.033 644 21.689 25.374 2.112 2.779 1.224 1.566 2.240 1.352 2.324 3.056 651 21.857 25.589 2.159 2.825 1.261 1.605 2.042 1.133 2.352 3.078 652 22.178 26.003 2.186 2.842 1.274 1.610 2.194 1.282 2.393 3.110 653 23.218 27.059 2.224 2.877 1.298 1.634 2.191 1.270 2.462 3.186 654 23.481 26.971 2.284 2.942 1.341 1.683 2.423 1.487 2.510 3.233 661 24.101 27.284 2.328 2.971 1.373 1.705 2.202 1.240 2.547 3.250 662 24.399 27.255 2.345 2.969 1.374 1.693 2.341 1.375 2.571 3.256 663 25.770 28.643 2.382 2.991 1.397 1.709 2.357 1.371 2.615 3.283 664 25.263 28.128 2.399 2.991 1.397 1.697 2.552 1.551 2.651 3.304 671 25.609 28.526 2.417 3.006 1.396 1.696 2.303 1.269 2.687 3.342 672 24.332 27.159 2.456 3.037 1.418 1.714 2.454 1.417 2.720 3.363 673 24.484 27.212 2.483 3.044 1.426 1.707 2.464 1.409 2.757 3.379 674 24.424 26.921 2.511 3.050 1.440 1.708 2.643 1.581 2.795 3.396 681 25.684 28.086 2.588 3.104 1.497 1.755 2.472 1.372 2.861 3.432 682 25.598 27.800 2.637 3.134 1.525 1.771 2.639 1.533 2.925 3.475 683 25.936 27.971 2.709 3.188 1.573 1.809 2.675 1.538 2.947 3.468 684 27.735 29.220 2.745 3.196 1.589 1.806 2.892 1.741 2.986 3.477 691 27.715 29.243 2.791 3.217 1.612 1.818 2.655 1.463 3.014 3.475 692 27.784 28.909 2.836 3.226 1.631 1.817 2.842 1.638 3.072 3.494 693 27.830 28.855 2.879 3.235 1.648 1.815 2.855 1.624 3.152 3.541 694 28.038 29.213 2.929 3.251 1.668 1.815 3.083 1.833 3.200 3.551 701 27.113 28.284 2.971 3.260 1.684 1.813 2.826 1.537 3.248 3.564 702 26.961 28.075 3.007 3.268 1.704 1.818 3.003 1.711 3.339 3.629 703 26.796 28.004 3.046 3.283 1.720 1.824 3.016 1.686 3.393 3.656 704 26.528 27.974 3.053 3.246 1.717 1.799 3.232 1.891 3.408 3.623 711 26.293 28.084 3.144 3.307 1.770 1.840 2.992 1.603 3.508 3.690 712 26.990 29.421 3.206 3.334 1.802 1.857 3.215 1.812 3.579 3.723 713 27.094 29.352 3.252 3.346 1.817 1.863 3.217 1.787 3.608 3.713 714 26.963 28.303 3.305 3.378 1.850 1.889 3.482 2.036 3.652 3.732 721 28.274 28.989 3.389 3.426 1.890 1.908 3.241 1.736 3.722 3.763 722 28.845 29.059 3.474 3.490 1.944 1.954 3.477 1.950 3.772 3.790 723 29.775 29.521 3.538 3.527 1.982 1.977 3.510 1.953 3.856 3.844 724 30.699 30.007 3.636 3.593 2.047 2.024 3.809 2.224 3.995 3.948 731 29.702 28.582 3.743 3.648 2.126 2.071 3.566 1.936 4.129 4.025 732 30.105 28.541 3.808 3.645 2.152 2.050 3.827 2.167 4.242 4.060 733 30.514 28.571 3.886 3.659 2.199 2.054 3.848 2.154 4.340 4.086 734 30.801 28.494 3.931 3.615 2.215 2.009 4.154 2.440 4.453 4.095 741 30.511 27.949 4.018 3.595 2.263 1.983 3.833 2.055 4.513 4.037 742 31.654 28.665 4.146 3.605 2.338 1.981 4.179 2.364 4.574 3.976 743 32.800 29.346 4.280 3.617 2.418 1.987 4.253 2.388 4.697 3.969 744 33.584 29.490 4.273 3.523 2.373 1.889 4.482 2.587 4.779 3.940 751 32.479 28.031 4.349 3.532 2.408 1.900 4.171 2.201 4.808 3.905 752 32.494 27.544 4.453 3.581 2.478 1.937 4.506 2.504 5.070 4.077 753 33.293 27.862 4.569 3.607 2.563 1.965 4.595 2.553 5.083 4.012 754 35.868 29.568 4.671 3.637 2.619 1.988 4.948 2.867 5.197 4.047 ; load @DATE EXPORTN EXPORTR GOVDEFN GOVDEFR GNONDEFN GNONDEFR POPN MOODY ; 561 139.579 205.133 232.431 461.397 39.537 80.461 166931 3.097 562 147.944 215.459 243.392 467.965 35.196 70.610 167631 3.260 563 153.808 222.897 242.292 462.119 32.662 65.086 168392 3.423 564 158.329 227.896 250.490 471.109 28.357 56.365 169268 3.677 571 171.148 241.088 257.605 478.364 41.170 78.973 170028 3.700 572 169.291 238.414 260.087 479.637 35.147 68.196 170712 3.773 573 164.458 229.826 263.600 482.640 31.492 60.352 171472 4.070 574 154.978 214.962 260.619 472.105 30.764 58.208 172282 3.997 581 141.045 198.184 260.703 460.236 41.620 75.931 172994 3.607 582 140.483 197.873 265.420 462.740 47.211 84.161 173687 3.580 583 139.892 197.280 267.171 460.556 48.160 85.099 174420 3.870 584 139.231 195.873 269.333 462.920 53.068 93.068 175248 4.093 591 134.665 188.891 266.489 462.153 46.025 80.604 175992 4.130 592 136.980 191.233 262.073 453.273 49.245 86.050 176668 4.353 593 147.682 205.699 260.980 451.618 45.094 79.131 177408 4.473 594 145.319 201.479 257.534 461.287 45.447 79.903 178229 4.570 601 160.412 221.197 249.841 434.240 46.391 82.043 178914 4.553 602 165.416 227.378 248.403 432.942 51.240 90.670 179547 4.453 603 169.746 230.858 252.955 432.602 53.808 93.220 180269 4.313 604 168.957 231.165 255.092 435.447 51.902 89.997 181111 4.320 611 171.033 233.909 257.925 442.463 50.045 87.585 181836 4.270 612 164.358 221.154 260.782 444.687 55.334 95.604 182528 4.283 613 170.241 229.123 260.817 444.943 58.384 100.485 183270 4.437 614 173.868 232.908 268.408 458.536 59.767 102.878 184048 4.410 621 171.641 230.748 281.014 470.554 64.433 108.489 184688 4.410 622 181.315 244.806 282.225 469.871 62.597 104.979 185313 4.297 623 180.609 243.630 280.052 462.639 69.341 115.612 186037 4.337 624 178.821 239.762 278.404 453.401 73.884 120.961 186779 4.257 631 177.633 238.440 273.651 447.497 78.415 127.373 187465 4.197 632 189.842 254.090 274.394 448.330 67.535 111.376 188051 4.220 633 190.721 255.568 272.308 446.431 74.699 122.905 188757 4.287 634 198.380 265.728 272.245 434.655 81.251 129.907 189535 4.333 641 209.853 280.448 269.285 431.305 83.100 133.023 190133 4.370 642 207.107 275.212 266.879 424.701 84.416 134.313 190723 4.407 643 213.690 282.076 262.802 416.855 81.505 129.175 191399 4.410 644 217.571 285.136 257.130 405.696 84.842 133.814 192121 4.430 651 202.945 259.684 252.254 396.077 86.161 134.881 192663 4.420 652 228.831 292.882 257.305 401.788 90.083 139.926 193156 4.443 653 223.503 285.343 262.733 404.483 93.428 143.231 193733 4.497 654 232.595 298.617 281.481 423.717 95.714 143.938 194329 4.613 661 234.131 296.026 291.637 432.880 93.960 140.184 194763 4.813 662 234.622 292.150 307.877 454.635 93.234 137.376 195208 5.003 663 238.055 293.252 328.986 474.979 95.529 140.472 195753 5.320 664 246.579 298.186 340.320 488.839 93.231 135.291 196286 5.383 671 252.659 304.959 362.466 518.663 96.590 138.793 196708 5.120 672 248.063 300.718 367.276 522.022 94.863 136.194 197127 5.263 673 248.405 300.748 376.908 528.028 98.148 138.875 197661 5.617 674 254.213 305.094 380.815 522.633 100.878 139.891 198259 6.027 681 262.229 313.043 394.099 533.117 99.154 135.041 198681 6.127 682 272.256 320.372 398.841 538.368 107.998 144.894 199077 6.253 683 284.569 337.690 396.293 522.479 108.717 144.605 199600 6.077 684 280.249 329.846 398.643 520.549 104.906 137.423 200179 6.243 691 261.210 300.903 387.827 503.785 107.674 139.901 200605 6.700 692 307.389 354.943 388.962 503.508 106.442 138.392 201048 6.887 693 309.528 351.909 396.335 495.905 103.672 130.698 201597 7.063 694 320.852 356.910 395.009 489.482 101.348 126.227 202274 7.467 701 328.780 360.993 388.424 465.333 108.443 130.021 202871 7.893 702 343.452 370.892 373.424 440.796 111.044 130.808 203522 8.140 703 339.791 363.871 372.595 433.088 103.798 121.648 204243 8.220 704 339.487 361.282 371.680 424.920 107.797 123.344 205015 7.907 711 348.994 361.842 367.465 407.353 114.711 127.617 205734 7.217 712 351.748 363.705 357.562 391.635 119.672 130.723 206398 7.473 713 363.640 377.206 352.050 380.043 132.803 143.465 207073 7.557 714 335.451 341.638 356.146 373.509 131.389 138.155 207780 7.300 721 373.369 378.851 375.768 385.310 136.774 140.283 208373 7.233 722 371.429 372.669 376.215 382.291 137.371 139.465 208923 7.277 723 390.979 390.979 363.291 363.291 135.100 135.100 209474 7.207 724 419.914 412.133 365.163 352.935 134.258 130.688 210043 7.137 731 475.446 450.537 370.478 357.873 136.792 132.999 210539 7.220 732 518.432 472.211 367.736 349.116 132.688 127.978 211021 7.307 733 561.089 487.958 358.303 321.512 129.046 118.941 211553 7.587 734 604.895 499.066 370.103 327.194 148.513 130.572 212103 7.650 741 666.632 522.881 372.128 319.987 144.429 127.213 212561 7.897 742 711.221 540.934 384.951 328.941 153.042 133.825 213014 8.363 743 716.018 520.284 388.214 315.183 163.434 134.955 213542 8.987 744 746.781 518.882 403.981 318.441 168.598 133.293 214119 9.017 751 755.041 504.811 408.747 316.813 176.176 137.218 214558 8.707 752 722.680 489.166 410.634 312.997 181.368 138.772 215033 8.873 753 737.186 496.186 416.812 311.274 184.065 138.459 215685 8.913 754 780.961 518.724 427.702 311.979 193.275 141.605 216272 8.810