Variable

Definition

Country_name

Name of country

growth

Average annual percentage growth of real Gross Domestic Product (GDP)* from

1960 to 1995.

rgdp60

The value of GDP* per capita in 1960, converted to 1960 US dollars

tradehare

The average share of trade in the economy from 1960 to 1995, measured as the

sum of exports plus imports, divided by GDP; that is, the average value of (X +

M)/GDP from 1960 to 1995, where X = exports and M = imports (both X and M are positive).

yearsshcool

Average number of years of schooling of adult residents in that country in 1960

rev_coups

Average annual number of revolutions, insurrections (successful or not) and coup d’etats in that country from 1960 to 1995

assasinations

Average annual number of political assassinations in that country from 1960 to 1995 (per million population)

oil

= 1 if oil accounted for at least half of exports in 1960 = 0 otherwise