Alin Mirestean and Charalambos G. Tsangarides, "Growth Determinants
Revisited Using Limited-Information Bayesian Model Averaging", Journal
of Applied Econometrics, Vol. 31, No. 1, 2016, pp. 106-132.
The data used in this paper were drawn from various sources. Variable
descriptions and sources are shown below. The dataset is available in
both ascii and Excel form.
mt-data.txt
mt-data.xls
The file mt-data.txt is an ASCII file in DOS format. It is zipped in
the file mt-txt.zip. Unix/Linux users should use "unzip -a".
The file mt-data.xls is an XLS file. It is zipped in the file
mt-xls.zip. Unix/Linux users should not use the -a option.
The data consist of 1603 rows and 36 columns. Variable names are
listed in the first row.
country Country name. Source: authors' calculations.
ifscode IFS country code. Source: authors' calculations.
panel Panel identifier. Source: authors' calculations.
diffy Growth of real GDP per capita (2000 US dollars at PPP).
Source: Penn World Table 6.2.
lny0 Logarithm of initial real GDP per capita (2000 US dollars
at PPP). Source: Penn World Table 6.2.
lni2 Logarithm of real investment as ratio to GDP (2000 US
dollars at PPP). Source: Penn World Table 6.2.
lnpopgr Logarithm of annual population growth rate plus 0.05.
Source: Penn World Table 6.2.
ltoted2 Logarithm of total average stock of years of primary and
secondary education. Source: Barro and Lee (2010).
lfexp2 Life expectancy at birth (total) with filled in years.
Source: World Development Indicators.
lninfl Logarithm of one plus the inflation rate. Source:
International Financial Statistics (IMF).
lng2 Logarithm of real government consumption as ratio to GDP
(2000 US dollars at PPP). Source: Penn World Table 6.2.
d_debtgdp Debt categorical variable: classification based on
percentiles of external debt as percentage of GDP (0 if
unreported, 1 if below 25th, 2 if between 25th and 49th,
3 if between 50th and 74th, 4 if above75th). Source: World
Development Indicators (World Bank) and authors'
calculations.
js_jspeg Dummy variable for a fixed exchange rate regime (peg=1).
Source: Shambaugh (2004).
lnindexpwt Logarithm of index of exchange rate over/undervaluation.
Source: Penn World Table 6.2 and authors' calculations.
relipr Relative investment price level (PI/PC) (2000 US dollars at
PPP). Source: Penn World Table 6.2.
open2 Exports plus Imports as share of GDP (2000 US dollars at
PPP). Source: Penn World Table 6.2.
totgr Terms of trade (goods and services) growth. Source: World
Economic Outlook (IMF).
aidgdp Foreign aid as percentage of GDP. Source: Global Development
Finance.
ehet2 Ethnic heterogeneity: sum of racial, linguistic, and
religious division rescaled 0-1. Source: Sambanis (2001).
elfo2 Index of ethnolinguistic fractionalization. Source:
Sambanis (2001).
war4 War prevalence. Source: Sambanis (2004); Doyle and Sambanis
(2006).
civil_liberty_new Civil Liberties: index ranging from 1 to 7 (1=highest degree
of freedom). Source: Freedom House.
polity2_new Polity index: aggregate index of autocracy and democracy.
Source: Polity IV.
polity2dif Annual change in the Polity index. Source: Polity IV.
tropicar Percentage of land area in geographical tropics. Source:
Gallup, Mellinger, Sachs (CID datasets).
lland Logarithm of arable land per capita, hectares, average over
five years. Source: World Development Indicators (World
Bank).
ssa Dummy variable for sub-Saharan Africa. Source: authors'
calculations.
advanced_sid2 Dummy variable for advanced economies. Source: authors'
calculations.
panel1970 Dummy variable for panel 1970 (panel1970=1 if year>1965
& year<=1970). Source: authors' calculations.
panel1975 Dummy variable for panel 1975 (panel1975=1 if year>1970
& year<=1975). Source: authors' calculations.
panel1980 Dummy variable for panel 1980 (panel1980=1 if year>1975
& year<=1980). Source: authors' calculations.
panel1985 Dummy variable for panel 1985 (panel1985=1 if year>1980
& year<=1985). Source: authors' calculations.
panel1990 Dummy variable for panel 1990 (panel1990=1 if year>1985
& year<=1990). Source: authors' calculations.
panel1995 Dummy variable for panel 1995 (panel1995=1 if year>1990
& year<=1995). Source: authors' calculations.
panel2000 Dummy variable for panel 2000 (panel2000=1 if year>1995
& year<=2000). Source: authors' calculations.
panel2005 Dummy variable for panel 2005 (panel2005=1 if year>2000
& year<=2005). Source: authors' calculations.
Please address any questions to
Charalambos G. Tsangarides
Ctsangarides [AT] imf.org