Matz Dahlberg and Eva Johansson, "An Examination of the Dynamic Behavior of Local Governments Using GMM Bootstrapping Methods", Journal of Applied Econometrics, Vol. 15, No. 4, 2000, pp. 401-416. Name of data file: T7987.asc This file, which is in DOS format, is zipped in the file dj-data.zip. The panel data set consists of 265 Swedish municipalities and covers 9 years (1979-1987). The data set consists of 5 variables (in 5 columns). The variables are: Column 1: ID number for municipality Column 2: Year Column 3: Total expenditures Column 4: Total own-source revenues Column 5: Intergovernmental grants received by the municipality Total expenditures contains both capital and current expenditures. Expenditures, revenues, and grants are expressed in million SEK. The series are deflated and in per capita form. The implicit deflator is a municipality-specific price index obtained by dividing total local consumption expenditures at current prices by total local consumption expenditures at fixed (1985) prices. The data are gathered by Statistics Sweden and obtained from Financial Accounts for the Municipalities (Kommunernas Finanser). Matz Dahlberg, Ph.D. Department of Economics Uppsala University PO Box 513 S-751 20 Uppsala Sweden Phone: +46-18-4717089 Fax: +46-18-4711478 E-mail: matz.dahlberg@nek.uu.se