Data for: Attitudes towards change in a growing open economy
Our dataset is annual and comprehends the period from 1980 to 2014 for 20 Latin American and 14 Asian countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Haiti, Jamaica, Mexico, Nicaragua, Panama, Peru, Paraguay, El Salvador, Uruguay, Venezuela; Bangladesh, China, Indonesia, India, South Korea, Sri Lanka, Myanmar, Mongolia, Malaysia, Nepal, Pakistan, Philippines, Singapore, Thailand). The time span was chosen given data availability. Export and import series were obtained from the Atlas of Economic Complexity that uses raw data for goods, as reported to the United Nations Statistical Division (COMTRADE), and for services, from the International Monetary Fund (IMF). We chose a 11-sector level of aggregation because it allows us to address sectoral differences keeping the analysis as simple as possible. Gross Domestic Product (GDP) series and price deflators were obtained from the Penn World Table (PWT) 9.0. For each country, output of the rest of the world corresponds to the sum of GDP of all countries in the PWT minus domestic GDP. Finally, ECI and COI indexes also come from the Atlas of Economic Complexity. The last columns of both files report our estimates of Thirlwall's law.