Table A1

Sources of data

VariablesDefinitionsSource
TradeGoods, value of exports, free on board (FOB), US dollars (to counterpart SAARC country)Directions of Trade Statistics, IMF
Nominal Exchange RateExchange rates, National currency per US dollar, period average, national currency per US dollar, rateInternational Financial Statistics, IMF
Consumer Price Index (CPI)Annual CPI data: average of monthly CPI dataSAARCFINANCE Database
GDPGross domestic products at market prices (USD million)SAARCFINANCE Database
Total PopulationPopulation (no. in millions)SAARCFINANCE Database
Common LanguageCommon native languageGeography Database of CEPII
Common Border1 for contiguity
Bilateral DistanceSimple distance between capitals (capitals, km)

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