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Claude Francis, Naoussi ; Fabien, Tripier. (2013) Trend Shocks and Economic Development.
In: Working Papers. RePEc:cii:cepidt:2013-03.

Full description at Econpapers

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– The output is the log of the Gross National Product (GNP) per capita in local currency unit or in constant USD 2000. – The size of the credit market is measured by the domestic credit provided by banking sector in percentage of GDP. – The government spending is measured by the general government final consumption expenditure in percentage of GDP. – The aid received is measured by the total foreign aid received by countries in percentage of GNI. – The ratio of net-exports to output is the difference between the ratios of exportation and importation and the ratio of trade-openeness is the sum of these two ratios, respectively defined as the exports of goods and services in percentage of GDP and the imports of goods and services in percentage of GDP. – Population is measured by the total population.

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