The name is absent



Appendix 1 - Data sources

_________Variable_______

____________________Description__________________

Source

____Codename

Per Capita GDP

Per capita nominal GDP in US dollars (logs)

IMF (WEO)

NGDPDPC

GDP Growth

Annual growth rate of real GDP

IMF (WEO)

NGDP_R

Unemployment Rate

Unemployment Rate

IMF (WEO)

LUR

Inflation

Annual growth rate of Consumer Price Index

IMF (WEO)

PCPI

Government Debt

Central Government Debt over GDP

Jaimovich,
Panizza (2006)

Government balance

General government balance as percentage of GDP

IMF (WEO)

GGB, NGDP

Government Effectiveness Aggregate Governance Indicators 1996-2006

WB(AGI)

External Debt

Total debt as share of exports of goods and
services

WB (GDF)

Current Account

Current account balance as percentage of GDP

IMF (WEO)

BCA, NGDPD

Reserves

Reserves to Imports ratio

IMF (WEO, IFS)

BM, .0.01.D$S.Z.F.$$$

DEF 1

Dummy: 1 if country has defaulted since 1980

S&P

DEF 2

Years since last default

S&P

EU

Dummy: 1 If country belongs to European Union

IND

Dummy: 1 if Industrial Countries

WB

LAC________________

Dummy: 1 if Latin America and Caribbean__________

WB_______

Other variables used_____________________________________________________________________________________

Investment

Gross capital formation as percentage of GDP

IMF (WEO)

NI_R, NGDP_R

OIL balance

Oil trade balance as percentage of GDP

IMF (WEO)

TBO, NGDPD

Government Expenditure

General government total expenditure as
percentage of GDP

IMF (WEO)

GGEI, NGDP

Government Interest

Expenditure

Government Revenue

General government interest expenditure as
percentage of GDP

General government total revenue as percentage of

IMF (WEO)

GGRG, NGDP

GDP

IMF (WEO)

GGENL, NGDP

Trade openness

Total Exports plus total Imports as percentage of
GDP

IMF (WEO)

BM, BX NGDPD

Exports Growth

Annual growth rate of real exports

IMF (WEO)

NX_R

Domestic Credit Growth

Annual growth rate of Domestic credit

IMF (IFS)

.3.12.$$$.Z.F.$$$

Interest over Exports

Interest paid as percentage of total exports of goods
and services

WB (GDF)

Reserves over total debt

Reserves as percentage of total debt

WB (GDF)

Short-term debt

Short-term debt as percentage of total debt

WB (GDF)

Total debt

Total debt as share of gross national income

WB (GDF)

Voice and Accountability

Aggregate Governance Indicators 1996-2004

WB(AGI)

Political Stability

Aggregate Governance Indicators 1996-2005

WB(AGI)

Regulatory Quality

Aggregate Governance Indicators 1996-2007

WB(AGI)

Rule of Law

Aggregate Governance Indicators 1996-2008

WB(AGI)

Control of Corruption

Aggregate Governance Indicators 1996-2009

WB(AGI)

AGI Compound index

Aggregate Governance Indicators 1996-2010: sum
of 6 categories

WB(AGI)

Corruption Perception

Transparent

Index

International

EAP

Dummy: 1 if East Asia and Pacific

WB

ECA

Dummy: 1 if Europe and Central Asia

WB

MNA

Dummy: 1 if Middle East and North Africa

WB

SAS

Dummy: 1 if South Asia

WB

SSA_______________

Dummy: 1 if Sub-Saharan Africa__________________

WB_______

Notes: WEO -World Economic Outlook; AGI - Aggregate Governance Indicators; GDF - Global Development
Finance; IFS - International Financial Statistics; WB - World Bank; IMF - International Monetary Fund .

58



More intriguing information

1. The name is absent
2. The role of statin drugs in combating cardiovascular diseases
3. The name is absent
4. Knowledge and Learning in Complex Urban Renewal Projects; Towards a Process Design
5. Prizes and Patents: Using Market Signals to Provide Incentives for Innovations
6. Synchronisation and Differentiation: Two Stages of Coordinative Structure
7. EXECUTIVE SUMMARY
8. CURRENT CHALLENGES FOR AGRICULTURAL POLICY
9. Tastes, castes, and culture: The influence of society on preferences
10. AN ECONOMIC EVALUATION OF COTTON AND PEANUT RESEARCH IN SOUTHEASTERN UNITED STATES