Table 23 List of macroeconomic and other variables
From: Market and political power interactions in Greece: an empirical investigation
Variable | Description | Source | Time span |
|---|---|---|---|
NGDP | Nominal gross domestic product | OECD Economic Outlook & AMECO | 1969–2010 |
RGDP | Real gross domestic product | OECD Economic Outlook & AMECO | 1969–2010 |
PC | Private final consumption expenditure | OECD Economic Outlook | 1970–2010 |
GDPPPP | GDP per head, constant prices, constant PPPs | OECD.Stat | 1970–2014 |
WSSS | Total compensation of employees | OECD Economic Outlook | 1970–2010 |
WSSE | Compensation rate in the private sector | OECD Economic Outlook | 1970-2010 |
GFCF | Gross fixed capital formation | OECD Economic Outlook | 1970–2010 |
X | Exports of goods and services | OECD Economic Outlook | 1970–2010 |
YPGT | Total disbursements of general government (Total government expenditures) | OECD Economic Outlook and Eurostat | 1970–2010 |
CGNW | Government final non-wage consumption expenditure | OECD Economic Outlook | 1970–2010 |
CGW | Government final wage consumption expenditure | OECD Economic Outlook & AMECO | 1970–2010 |
CG | Government final consumption expenditure | OECD Economic Outlook | 1970–2010 |
DEF | Government net lending (total government deficit) | OECD Economic Outlook | 1970–2010 |
TIND | Taxes on production and imports | OECD Economic Outlook | 1970–2010 |
TY | Total direct taxes | OECD Economic Outlook | 1970–2010 |
CA | Balance of current transactions with the rest of the world (Current account balance) | AMECO | 1970–2010 |
TE | Total employment | OECD Economic Outlook | 1970–2010 |
EE | Dependent employment - Total economy (Total employees) | OECD Economic Outlook | 1970–2010 |
EEP | Dependent employment in the private sector (Private sector employees) | OECD Economic Outlook | 1970–2010 |
GE | General government employment | OECD Economic Outlook | 1970–2010 |
SE | Total self-employed persons | OECD Economic Outlook | 1970–2010 |
POP | Working age population 15–64 | OECD Economic Outlook | 1969–2010 |
YGAP | Output gap (gap between actual GDP and Hodrick-Prescott filter divided by the H-P filter) | AMECO | 1970–2010 |
UM | The ratio of employees that are trade union members divided by the total number of employees | (i) OECD employment & labor market statistics (ii) ICTWSS database | 1970–2010 |
POPT25 | Education attainment – Share in population over 25 with Tertiary education | Barro and Lee (2010) | 1970–2010, 5-year intervals (linear interpolation used to fill in missing years) |
PRTYIN | How many years has the party has been in office | DPI2012 | 1975–2010 |
MAJ | Margin of majority (fraction of seats held by the government) | DPI2012 | 1975–2010 |
TENSYS | How long has the country been autocratic or democratic, respectively. | DPI2012 | 1975–2010 |
DEP_RATIO | Dependency ratio (people younger than 15 and older than 64 as share of working age population) | WDI | 1970–2010 |
URBAN_POP | Urban population as share of total population | WDI | 1970–2010 |
COORD | Index of coordination of wage-setting | ICTWSS database | 1970–2010 |
CENT | Index of centralization of wage bargaining | ICTWSS database | 1970–2010 |
UD_public | Union density of public sector workers | ICTWSS database | 1970–2010 |
UD_private | Union density of private sector workers | ICTWSS database | 1970–2010 |
ETCR | Regulation index in energy, transport and communication | OECD.Stat | 1970–2010 |
PSL | Regulation index in professional services (legal) | OECD.Stat | 1970–2010 |
VAT | Standard VAT rate | Consumption Tax Trends 2014, OECD Publishing | 1970–2010 |
TFP | Total factor productivity | AMECO | 1970–2010 |
B_Y | General government gross consolidated debt as share of GDP | OECD Economic Outlook & AMECO | 1970–2010 |