Table 2

Variable definition and data sources

VariableDefinitionSource
GROWTHitper capita GDP growth rate (%) = ln(rgdpchtrgdpcht1)×100PWT (rgdpch: PPP Converted GDP Per Capita, Chain Series, at 2005 constant prices)
POLITYitPolity2 scoresMarshall et al. (2011) 
PSTOCKitdemocracy stock = s=1900t0.98tsPOLITYi,sPolity IV project: dataset
Yi0initial per capita incomePWT (rgdpch in 1960)
Iitreal physical capital ratePWT (ki, investment share of PPP converted GDP per capita at 2005 constant prices, %)
Litln(poptpopt1)+0.05PWT (POP: population, in thousands)
EDitpercentage of the population aged 25 and over with secondaryBarro and Lee (2013) http://www.barrolee.com
ETHNOLIGiethnolinguistic fractionalizationLa Porta et al. (1999) 
ENGLISHidummy, = 1 if English or French is official languageLa Porta et al. (1999) 
PROTESTANTiProtestant fractionalizationLa Porta et al. (1999) 
CATHOLICiCatholic fractionalizationLa Porta et al. (1999) 
MUSLIMiMuslim fractionalizationLa Porta et al. (1999) 
OTHERiother religious fractionalizationLa Porta et al. (1999) 
LATITUDEigeneralized geographical proxy for climateLa Porta et al. (1999) 
TRADEiproxy for geographical isolationFrankel and Romer (1999) 
YRtyear 
AGYEARitthe years (in hundreds) passed since a country transitioned from hunting and gathering to agriculturePutterman and Weil (2010)
http://www.brown.edu/Departments/Economics/Faculty/Louis_Putterman/
WCFithe percent of people today who are descended from the six countries strongly influenced by Confucianism, that is, China, Taiwan, Hong Kong, South Korea, Japan and SingaporeConstructed based on Putterman and Weil's (2010) migration matrix
WCFCNithe percent of people today who are descended from ChinaConstructed based on Putterman and Weil's (2010) migration matrix

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