Comprising variables for modeling household final food consumption expenditure (Qfood) in European Union countries. It includes indices for geopolitical risk (GPR, GPRT, GPRA), energy-related uncertainty (EUI), and commodity prices (POIL, PGAS). The data is compiled from sources including Eurostat, policy uncertainty indices, and the World Bank.
Use Cases
- Model the impact of the Geopolitical Risk Index (GPR) and its threat (GPRT) and act (GPRA) components on household final food consumption expenditure (Qfood).
- Analyze how oil prices (POIL) and gas prices (PGAS) correlate with the Energy-Related Uncertainty Index (EUI) and food consumption (Qfood) across EU countries.
- Apply panel quantile regression methods to assess heterogeneous effects of geopolitical and energy market shocks on the Qfood variable over time.
Strengths
- Integrates data from multiple authoritative sources including Eurostat, policy uncertainty indices, and international organizations.
- Includes specific indices for geopolitical risk (GPR) and energy-related uncertainty (EUI) relevant for macroeconomic shock analysis.
- Focuses on European Union countries, providing a defined geographic scope for comparative studies.
Limitations
- The dataset's size, row count, and specific temporal coverage are not provided, limiting assessment of its scale and recency.
- The absence of column details and sample data prevents verification of data structure and completeness.
- Relies on secondary data sources which may have their own collection methodologies and potential lags.
Provenance
- Source
- Eurostat, Policy Uncertainty Indices, FAO, U.S. Bureau of Labor Statistics, World Bank
- Collection Method
- Compilation from official statistics and established economic indices.
- Time Range
- null
- Freshness
- null
- Geography
- European Union countries