pder (version 1.0-1)

FinanceGrowth: Financial Institutions and Growth

Description

5-yearly observations of 78 countries from 1960 to 1995

number of observations : 546

number of time-series : 7

country : world

JEL codes: G20, O16, O47, C23, C33, O15

Chapter : 07

Usage

data(FinanceGrowth)

Arguments

Format

A dataframe containing:

country

country name

period

period

growth

growth rate * 100

privo

log private credit / GDP

lly

log liquid liabilities / GDP

btot

log bank credit/total credit

lgdp

log initial gdp per capita (PPP)

sec

mean years of secondary schooling

gov

log government spending / GDP

lbmp

log(1 black market premium)

lpi

log(1 + inflation rate)

trade

log (imports + exports)/GDP

References

Levine, Ross; Loayza, Norman and Thorsten Beck (2000) “Financial Intermediation and Growth: Causality and Causes”, Journal of Monetary Economics, 46, 31-77, 10.1016/S0304-3932(00)00017-9 .

Roodman, David (2009) “A Note on the Theme of Two Many Instruments”, Oxford Bulletin of Economics An Statistics, 71(1), 135--158, 10.1111/j.1468-0084.2008.00542.x .