Indicator-Independent Variables Used in Regressions by zdh15614

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									        Table A2. Independent Variables used in Regressions

                                                       Sample
                                               Year     Size    Mean

Government employment (% of population)        1990       51     6.4
                                               1997       54     5.7

Income: Per capita GDP, PPP exchange           1990      128     7271
rates, from DESA, WESS99 data base             1997      128    10876

Open: Ratio of exports plus imports
to GDP, average of three years ending in       1990      120     0.7
and in                                         1997      128     0.8

FDI: Stock of foreign direct investment         1990     130    18.6
(% of GDP, from UNCTAD World Investment         1997     144    25.5
Report)

Population: Number of inhabitants               1990     150     33m
                                                1997     150     37m

Area: Land area (square kilometres)                      150    815k

Transition: Dummy, =1 if transition economy, =0 otherwise

Africa: Dummy, =1 if African economy, =0 otherwise

Asia: Dummy, =1 if Asian economy, =0 otherwise

LatinAmerica: Dummy, =1 if Latin America or Caribbean
country, =0 otherwise

								
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