International Economics

The file contains the dataset used for the empirical analysis of the study titled "Natural Resource Rents, Political Regimes and Terrorism in Africa". The dataset includes domter - Number of domestic terrorism incidents; transter - Number of transnational terrorism incidents; Unter - Number of terrorism incidents whose category is unclear; totter - Total number of terrorism incidents; demo - Dummy variables for democracies scoring a 6 and higher on polity; autoc - Dummy variables for autocracies scoring a -6 or lower on polity; anocy - Dummy variables for anocracies scoring between 5 and -5 on polity; totnat - It is given by the sum of oil rents, natural gas rents, coal rents, mineral rents, forest rents; gdppc - Gross domestic product divided by midyear population. Data are in constant U.S. dollars; pop - Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship except for refugees not permanently settled in the country of asylum; ethnic - Ethnic diversity is computed as one minus the Herfindahl index of ethnolinguistic group shares, and reflects the probability that two randomly selected individuals from a population belong to different groups; trade - Export plus import of commodities (% of GDP); conflict - The index of the risk of internal conflict; surface - Total surface area in millions of square miles.

Our paper documents a new database we created, and which provides detailed information on the potential decrease in trade costs associated with the Belt and Road Initiative. For each country-pair-sector, we provide the decrease in shipping time, the value of time, and the associated decrease in trade costs. We also provide a regional database with detailed information at the city-pair level.

The Bitcoin prices and returns

Data for the Study

The empirical analysis draws on annual data for 40 economies, divided equally into developed and developing ones. The list of advanced countries comprises Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Italy, Japan, Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, United Kingdom, and the United States. The sample of developing countries includes Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Poland, Russia, South Africa, South Korea, Thailand, and Turkey. The investigation period spans January 2005 through December 2016. The core data set for each country consists of the US-dollar denominated price levels of the MSCI Islamic stock market index and its conventional counterpart, along with levels of political risk.