Structural Change and Economic Dynamics

The Dynamic Relationship between Economic Growth and Life Expectancy: Contradictory Role of Energy Consumption and Financial Development in Pakistan

A balanced panel of pay inequality measures (i.e., Theil and Gini coefficients) for all 50 US states and District of Columbia for each year from 1969 through 2014.

we provide macroeconomic data and some code files other info may be required

Since the bilateral impact of trade policy variables on bilateral FDI stocks is the main interest here, this article follows the strand of the literature on gravity modelling controlling for multilateral resistances (Anderson and van Wincoop, 2003). Therefore, in order to control for country-level time-variant variables like GDP, country-time fixed effects are used. Therefore, host-time, and home-time fixed effects are used in addition to country-pair fixed effects controlling for any time-invariant relationship between the two countries such as distance, colonial relationship, language and sharing borders. In this FDI model, with these fixed effects, the only correlating variation between the FDI stocks and trade policy measures would be what is left between i and j that changes over time. Bilateral FDI stocks cover many zero values. In fact, 27% of the sample of estimations includes zero FDI stocks. Changing the FDI stocks to logarithms will eliminate 27% of the sample causing biased estimations. In order to have unbiased estimation results, the PPML estimator is used following Silva and Tenreyro. The PPML estimation procedure including multidimensional fixed effects is run using the Stata package implemented by Correia et al., (2019). Robust standard errors are calculated to control for the heteroscedasticity in the error term. Stata codes ran for the estimation results of the manuscript are written in the Stata do.do file for the data_estimation.dta data file. These files are compressed in the following shared .rar file. References: • Anderson, J. E., & van Wincoop, E. (2003). Gravity with Gravitas: A Solution to the Border Puzzle. American Economic Review, 93(1), 170-192. • Silva, J. S., & Tenreyro, S. (2006). The log of gravity. The Review of Economics and statistics, 88(4), 641-658. • Correia, S., Guimarães, P., & Zylkin, T. (2019). PPMLHDFE: Fast poisson estimation with high-dimensional fixed effects. arXiv preprint arXiv:1903.01690.

Data on human capital endowments (educational attainment), economic growth rates, production of high-tech and low-tech industries, number of firms in high-tech and low-tech industries, trade openness, FDI inflows for European countries.

The construction of China’s non-competitive fixed-price input-output data for 2007 and 2012

Our dataset is quarterly. Employment rate series come from the U.S. Bureau of Labour Statistics as one minus the unemployment rate and are available from 1948Q2 to 2016Q4. The wage-share was computed using data from the Bureau of Economic Analysis taking the ratio between the compensation of employees and domestic income at production prices from 1947Q1 until 2016Q4. We also use the capacity utilisation index provided by the Board of Governors of the Federal Reserve System available only after 1967Q1. Matlab files contain the code used to obtain the figures in the paper. Parameter values were obtained from our econometric estimates.

Data file and do file required to run all regressions in the paper.

Supplementary documentation for the compilation of the model simulations.

Attached are data used in empirical test in the article.