Mankiw, Romer and Well (1992) Dataset for Economic Growth Analysis

Economic indicators relevant to analyzing cross-country economic growth. Covers data from 1960 to 1985 across 121 observations, with variables that encompass GDP, population growth, and investment rates among others.

Usage

mrw1992

Format

A data frame with 121 observations and 10 variables:

country: Full country name
n: Indicator for all data is available and oil production is not the dominant industry
i: Indicator variable for the population in 1960 was greater than one million
o: Indicator variable for OECD country
y60: Real GDP per working-age person in 1960, in dollars
y85: Real GDP per working-age person in 1985, in dollars
y_growth: Yearly average growth rate (percentage) of real GDP for 1960-1985
pop_growth: Yearly average growth rate (percentage) of the working-age population for 1960-1985
invest: Share (percentage) of real investment (including government investment) in real GDP, averaged for 1960-1985
school: Fraction (percentage) of the eligible population enrolled in secondary school, multiplied by the fraction (percentage) of the working-age population that is school-aged (15 to 64), averaged for 1960-1985

Source

Mankiw, N.G., Romer, D., & Weil, D.N. (1992). "A Contribution to the Empirics of Economic Growth." The Quarterly Journal of Economics.

Details

The data were sourced from the World Bank's World Tables and the UNESCO yearbook, with indicators of working-age population growth, investment share, and school enrollment. It is intended for use in studies of cross-country economic growth patterns.