Appendix
Table A-1: Data definitions and sources
time series |
description |
source |
NLGXQ |
general government net primary lending |
OECD Economic Outlook database |
NLGXQA |
general government net primary lending as % |
OECD Economic Outlook database |
DEBT |
debt-GDP-level |
OECD Economic Outlook database |
YPGXQ |
general government primary expenditure as % |
OECD Economic Outlook database |
YPGXQA |
general government primary expenditure |
OECD Economic Outlook database |
SSPGQ |
social security benefits paid by government as % |
OECD Economic Outlook database |
YRGTQ |
general government total revenue as % GDP |
OECD Economic Outlook database |
YRGQA |
general government total revenue cyclically |
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 |
Helbling et al. (2004) |
weolabour |
index labour market regulation from World |
Helbling et al. (2004) |
Weoproduct |
index product market regulation from World |
Helbling et al. (2004) |
WEOTAX |
index tax system distortions from World |
Helbling et al. (2004) |
INFLATION |
inflation, consumer prices |
World Bank: World Development |
FDI |
gross foreign direct investment in % GDP |
World Bank: World Development |
ideology dummy: left |
generated from chief executive’s party ideology |
Beck et al. (2001) |
ideology dummy: centre |
generated from chief executive’s party ideology |
Beck et al. (2001) |
162
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