Gdp: E218
library(eurostat)
get_eurostat(id = "namq_10_gdp",
filters = list(na_item = "B1GQ",
unit = "MIO_NAC",
s_adj = "SCA"))
Always reference the Eurostat dictionary. The exact string "E218" may be embedded in the dataset’s metadata rather than the variable name. Look for the chain_link parameter or base year indicator.
Papers on business cycles, Okun’s Law (unemployment vs. output), or fiscal multipliers almost always use a series like GDP E218 as their dependent variable. gdp e218
Without specific context, "e218" could refer to a variety of things. Here are a few speculative interpretations: Always reference the Eurostat dictionary
Constant-price series like E218 struggle to account for product innovation. For example, a smartphone in 2023 is vastly superior to one from 2015, yet constant-price accounting may undervalue that quality jump. Okun’s Law (unemployment vs. output)