Table 5: List of Variables
|
Variable |
Description |
Source |
|
GDP |
GDP in constant 2000 US dollars |
WDI (2007) |
|
Population |
Population, total (millions) |
WDI (2007) |
|
GDP per capita |
GDP per capita in constant 2000 US dollars |
WDI (2007) |
|
Growth |
Growth of GDP in constant 2000 US dollars |
WDI (2007) |
|
Urban population |
Urban population (% of total population) |
WDI (2007) |
|
Size of labour force |
Labour force, total (millions) |
WDI (2007) |
|
Labour earning |
Estimated earned income (male plus female) |
UNDP |
|
Education |
Education index (lies between 0 and 1) |
UNDP |
|
Fuel |
Fuel exports (% of merchandise exports) |
WDI (2007) |
|
Ores |
Ores and metals exports (% of merchandise exports) |
WDI (2007) |
|
Land area |
Total land area in square kilometres |
WDI (2007) |
|
Return to investment |
log(1∕GDP per capita) |
WDI (2007) |
|
Roads |
Total network in kilometres |
WDI (2007) |
|
Telephone lines |
Telephone mainlines per 1,000 people |
WDI (2007) |
|
Internet |
Internet users per 1,000 people |
WDI (2007) |
|
Taxes |
Tax revenue (% of GDP) |
WDI (2007) |
|
Import |
Import (% of GDP) |
WDI (2007) |
|
Export |
Export (% of GDP) |
WDI (2007) |
|
Total trade |
Trade, total (% of GDP) |
WDI (2007) |
|
Inflation |
Inflation, consumer prices (annual %) |
WDI (2007) |
|
Current account balance |
Current account balance (% of GDP) |
WDI (2007) |
|
Change in exchange rate |
Change in real exchange rate: exch(t)-log exch(t-1) |
WDI (2007) |
|
Variance of exchange rate |
Variance of real exchange rate: std of exch |
WDI (2007) |
|
External debt |
External debt, total (% of GDP) |
WDI (2007) |
|
Debt service record |
Debt service, total (% of GNI) |
WDI (2007) |
|
Reserves |
Reserves, total (includes gold, current USB) |
WDI (2007) |
|
Government expenditure |
Government final consumption expenditure (% of GDP) |
WDI (2007) |
|
Political risk |
Std of government expenditure |
WDI (2007) |
|
Corruption |
Kaufmann et al. (2007) | |
|
Voice and accountability |
Kaufmann et al. (2007) | |
|
Bureaucratic quality |
Kaufmann et al. (2007) | |
|
Government efficiency |
Kaufmann et al. (2007) | |
|
Rule of law index |
Kaufmann et al. (2007) |
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