library(openxlsx) df<-read.xlsx("http://kanggc.iptime.org/book/data/consumption-e.xlsx") year<-df[,1] gdp<-df[,2] consumption<-df[,3] y<-ts(gdp, start=c(2000), frequency=1) c<-ts(consumption, start=c(2000), frequency=1) n<-length(y) ny<-y[2:n] nc<-c[2:n] lagc<-c[1:n-1] lm_s<-lm(c~y) ols_s<-summary(lm_s) ols_s y0<-1700000 (chat_s<-summary(lm_s)$coef[1]+summary(lm_s)$coef[2]*y0) lm_m<-lm(nc~ny+lagc) ols_m<-summary(lm_m) ols_m (chat_m<-summary(lm_m)$coef[1]+summary(lm_m)$coef[2]*y0+summary(lm_m)$coef[3]*c[17])