Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms"

Appendix

Table A-1: Data definitions and sources

time series	description	source
NLGXQ	general government net primary lending cyclically adjusted as % trend GDP	OECD Economic Outlook database
NLGXQA	general government net primary lending as % GDP	OECD Economic Outlook database
DEBT	debt-GDP-level	OECD Economic Outlook database
YPGXQ	general government primary expenditure as % GDP	OECD Economic Outlook database
YPGXQA	general government primary expenditure cyclically adjusted as % trend GDP	OECD Economic Outlook database
SSPGQ	social security benefits paid by government as % GDP	OECD Economic Outlook database
YRGTQ	general government total revenue as % GDP	OECD Economic Outlook database
YRGQA	general government total revenue cyclically adjusted as % trend GDP	OECD Economic Outlook database
TYQ	total taxes as % GDP	OECD Economic Outlook database
TYQA	total taxes cyclically adjusted ad % trend GDP	OECD Economic Outlook database
GROWTH	real growth GDP	OECD Economic Outlook database
Growthfddv	real growth final domestic expenditure	OECD Economic Outlook database
outputgap	output gap	OECD Economic Outlook database
UNEMPLOYMENT	unemployment rate	OECD Economic Outlook database
CCONFST	consumer confidence, standardized	EU Commission, national sources
SRATIO	household saving ratio	OECD Economic Outlook database
Growthcpv	real growth private consumption	OECD Economic Outlook database
Growthihv	real growth private residential investment	OECD Economic Outlook database
Busconfst	business confidence, standardized	EU Commission, national sources
Growthibv	real growth business investment	OECD Economic Outlook database
Weofinancial	index financial sector regulation from World Economic Outlook 2004	Helbling et al. (2004)
weolabour	index labour market regulation from World Economic Outlook 2004	Helbling et al. (2004)
Weoproduct	index product market regulation from World Economic Outlook 2004	Helbling et al. (2004)
WEOTAX	index tax system distortions from World Economic Outlook 2004	Helbling et al. (2004)
INFLATION	inflation, consumer prices	World Bank: World Development Indicators
FDI	gross foreign direct investment in % GDP	World Bank: World Development Indicators
ideology dummy: left	generated from chief executive’s party ideology variable	Beck et al. (2001)
ideology dummy: centre	generated from chief executive’s party ideology variable	Beck et al. (2001)

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Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005

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