27
Incumbent government: left-wing government (1), right-wing government (0).
∣LEFT |
AUs |
BEL |
DEN |
FIN |
FRa |
GER |
ITA |
NET |
SPA |
SWE |
UK |
TOTAL |
1973 |
1 |
о |
1 |
1 |
о |
1 |
1 |
1 |
о |
1 |
о |
7 |
1974 |
1 |
0 |
1 |
1 |
о |
1 |
1 |
1 |
о |
1 |
1 |
8^ |
1975 |
1 |
о |
1 |
1 |
о |
1 |
о |
1 |
о |
1 |
1 |
7 |
1976 |
1 |
о |
1 |
1 |
о |
1 |
о |
1 |
о |
1 |
1 |
7 |
1977 |
1 |
о |
1 |
1 |
о |
1 |
о |
1 |
о |
о |
1 |
6" |
1978 |
1 |
о |
1 |
1 |
о |
1 |
о |
о |
о |
о |
1 |
7 |
1979 |
1 |
о |
1 |
1 |
о |
1 |
1 |
о |
о |
о |
1 |
6" |
1980 |
1 |
1 |
1 |
1 |
о |
1 |
1 |
о |
о |
о |
о |
6^ |
1981 |
1 |
1 |
1 |
1 |
1 |
1 |
о |
1 |
о |
о |
о |
7 |
1982 |
1 |
о |
1 |
1 |
1 |
1 |
о |
1 |
1 |
1 |
о |
8^ |
1983 |
1 |
о |
о |
1 |
1 |
о |
1 |
о |
1 |
1 |
о |
6" |
1984 |
1 |
о |
о |
1 |
1 |
о |
1 |
о |
1 |
1 |
о |
6^ |
1985 |
1 |
о |
о |
1 |
1 |
о |
1 |
о |
1 |
1 |
о |
6" |
1986 |
1 |
о |
о |
1 |
1 |
о |
1 |
о |
1 |
1 |
о |
6" |
1987 |
1 |
о |
о |
1 |
о |
о |
1 |
о |
1 |
1 |
о |
T |
1988 |
1 |
1 |
о |
о |
1 |
о |
о |
о |
1 |
1 |
о |
T |
1989 |
1 |
1 |
о |
о |
1 |
о |
о |
1 |
1 |
1 |
о |
6" |
1990 |
1 |
1 |
о |
о |
1 |
о |
о |
1 |
1 |
1 |
о |
6" |
1991 |
1 |
1 |
о |
о |
1 |
о |
о |
1 |
1 |
1 |
о |
6" |
1992 |
1 |
1 |
о |
о |
1 |
о |
о |
1 |
1 |
1 |
о |
6^ |
1993 |
1 |
1 |
о |
о |
1 |
о |
о |
1 |
1 |
1 |
о |
6^ |
TOTAL |
21 |
8 |
1о |
15 |
12 |
1о |
9 |
12 |
12 |
16 |
6 |
Source: Dummy variable constructed with the help of Banks (ed.) (1993), Political Handbook of the World: 1993, CSA Publications, State
University of New York, Binghamton, New York.
Ranking of countries’ EXR, ES, LEFT and SIGGOV variables: a priori assumption, Rank 1: few capital controls - Rank 11: many
capital controls
EXR |
ES |
LEFT |
SIGGOV | |||||
UK |
4 |
Germany |
5 |
UK |
6 |
UK |
1 | |
""2 |
Spain |
12 |
Denmark |
4 |
Belgium |
8 |
Denmark |
1 |
Finland |
21 |
Netherlands |
4 |
Italy |
9 |
Germany |
1 | |
Austria |
22 |
Austria |
3 |
Denmark |
1о |
Spain |
1 | |
"5 |
Sweden |
25 |
Belgium |
3 |
Germany |
1о |
Austria |
2 |
"6 |
Italy |
28 |
Finland |
3 |
Netherlands |
12 |
Sweden |
2 |
France |
36 |
France |
2 |
Spain |
12 |
Finland |
3 | |
Belgium |
42 |
Italy |
2 |
France |
12 |
Netherlands |
3 | |
^9 |
Denmark |
42 |
Sweden |
2 |
Finland |
15 |
Belgium |
4 |
1о |
Germany |
42 |
United Kingdom |
2 |
Sweden |
16 |
France |
4 |
11 |
Netherlands |
42 |
Spain |
1 |
Austria |
21 |
Italy |
6 |