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Table 25 Data used for the Barro type growth regressions

From: Market and political power interactions in Greece: an empirical investigation

Variable

Description

Calculation

Time span

RGDPG0

Real per capita GDP growth rate at the start of each period

 

1970–2010

IY

Gross fixed capital formation-to-GDP ratio

GFCF/NGDP

1970–2010

In 5-year averages

XY

Exports of goods and services-to-GDP ratio

X/NGDP

1970–2010

In 5-year averages

SCH

Average year of total schooling (age group over 25) at the start of each period

Source: Barro and Lee (2010)

1970–2010

POPG

Population growth

LN(POP(t))/ LN(POP(t-1))

1970–2010

In 5-year averages

CGNWY

Government final non-wage consumption expenditure-to-GDP ratio

CGNW/NGDP

1970–2010

In 5-year averages