economics database documentation
Format
The economics database is a list that contains the
following 2 datasets: EconomicFreedom, EconomicFreedomHist.
For more information and references to each of the datasets used,
please use the data_source() and data_contrast() functions.
- EconomicFreedom:
A dataset with 4290 observations and the following 72 variables: cowID, Year, Countries, Economic Freedom Summary Index, Rank, Quartile, 1A Government Consumption, 1A_data, 1B Transfers and subsidies, 1B_data, 1C Government investment, 1C_data, 1Di Top marginal income tax rate, 1Di_data, 1Dii Top marginal income and payroll tax rate, 1Dii_data, 1D Top marginal tax rate, IE State Ownership of Assets, 1 Size of Government, 2A Judicial independence, 2B Impartial courts, 2C Protection of property rights, 2D Military interference in rule of law and politics, 2E Integrity of the legal system, 2F Legal enforcement of contracts, 2G Regulatory restrictions on the sale of real property, 2H Reliability of police, Gender Legal Rights Adjustment, 2 Legal System & Property Rights, 3A Money growth, 3A_data, 3B Standard deviation of inflation, 3B_data, 3C Inflation: Most recent year, 3C_data, 3D Freedom to own foreign currency bank accounts, 3 Sound Money, 4Ai Revenue from trade taxes (% of trade sector), 4Ai_data, 4Aii Mean tariff rate, 4Aii_data, 4Aiii Standard deviation of tariff rates, 4Aiii_data, 4A Tariffs, 4Bi Non-tariff trade barriers, 4Bii Compliance costs of importing and exporting, 4B Regulatory trade barriers, 4C Black market exchange rates, 4Di Financial Openness, 4Dii Capital controls, 4Diii Freedom of foreigners to visit, 4D Controls of the movement of capital and people, 4 Freedom to trade internationally, 5Ai Ownership of banks, 5Aii Private sector credit, 5Aiii Interest rate controls/negative real interest rates), 5A Credit market regulations, 5Bi Hiring regulations and minimum wage, 5Bii Hiring and firing regulations, 5Biii Centralized collective bargaining, 5Biv Hours Regulations, 5Bv Mandated cost of worker dismissal, 5Bvi Conscription, 5B Labor market regulations, 5Ci Administrative requirements, 5Cii Regulatory Burden, 5Ciii Starting a business, 5Civ Impartial Public Administration, 5Cv Licensing restrictions, 5Cvi Tax compliance, 5C Business regulations, 5 Regulation.
- EconomicFreedomHist:
A dataset with 458 observations and the following 5 variables: stateID, Year, StateName, EFW, Rank.
Details
#> $EconomicFreedom
#> ------------------------------------------------------------------------------------------------------------------------
#> | Column Name | Data Type | Observations | Missing | Missing (%) |
#> ------------------------------------------------------------------------------------------------------------------------
#> | cowID | character | 4290| 0 | 0 |
#> | Year | mdate | 4290| 0 | 0 |
#> | Countries | character | 4290| 0 | 0 |
#> | Economic Freedom Summary Index | numeric | 4290| 718 | 16.74 |
#> | Rank | numeric | 4290| 718 | 16.74 |
#> | Quartile | numeric | 4290| 718 | 16.74 |
#> | 1A Government Consumption | numeric | 4290| 664 | 15.48 |
#> | 1A_data | numeric | 4290| 664 | 15.48 |
#> | 1B Transfers and subsidies | numeric | 4290| 1018 | 23.73 |
#> | 1B_data | numeric | 4290| 1018 | 23.73 |
#> | 1C Government investment | numeric | 4290| 686 | 15.99 |
#> | 1C_data | numeric | 4290| 686 | 15.99 |
#> | 1Di Top marginal income tax rate | numeric | 4290| 1122 | 26.15 |
#> | 1Di_data | character | 4290| 1125 | 26.22 |
#> | 1Dii Top marginal income and payroll tax rate | numeric | 4290| 1571 | 36.62 |
#> | 1Dii_data | character | 4290| 1575 | 36.71 |
#> | 1D Top marginal tax rate | numeric | 4290| 1122 | 26.15 |
#> | IE State Ownership of Assets | numeric | 4290| 234 | 5.45 |
#> | 1 Size of Government | numeric | 4290| 341 | 7.95 |
#> | 2A Judicial independence | numeric | 4290| 78 | 1.82 |
#> | 2B Impartial courts | numeric | 4290| 132 | 3.08 |
#> | 2C Protection of property rights | numeric | 4290| 782 | 18.23 |
#> | 2D Military interference in rule of law and politics | numeric | 4290| 654 | 15.24 |
#> | 2E Integrity of the legal system | numeric | 4290| 130 | 3.03 |
#> | 2F Legal enforcement of contracts | numeric | 4290| 587 | 13.68 |
#> | 2G Regulatory restrictions on the sale of real property | numeric | 4290| 814 | 18.97 |
#> | 2H Reliability of police | numeric | 4290| 974 | 22.7 |
#> | Gender Legal Rights Adjustment | numeric | 4290| 6 | 0.14 |
#> | 2 Legal System & Property Rights | numeric | 4290| 121 | 2.82 |
#> | 3A Money growth | numeric | 4290| 621 | 14.48 |
#> | 3A_data | numeric | 4290| 621 | 14.48 |
#> | 3B Standard deviation of inflation | numeric | 4290| 665 | 15.5 |
#> | 3B_data | numeric | 4290| 665 | 15.5 |
#> | 3C Inflation: Most recent year | numeric | 4290| 661 | 15.41 |
#> | 3C_data | numeric | 4290| 661 | 15.41 |
#> | 3D Freedom to own foreign currency bank accounts | numeric | 4290| 696 | 16.22 |
#> | 3 Sound Money | numeric | 4290| 684 | 15.94 |
#> | 4Ai Revenue from trade taxes (% of trade sector) | numeric | 4290| 948 | 22.1 |
#> | 4Ai_data | numeric | 4290| 948 | 22.1 |
#> | 4Aii Mean tariff rate | numeric | 4290| 1041 | 24.27 |
#> | 4Aii_data | numeric | 4290| 1041 | 24.27 |
#> | 4Aiii Standard deviation of tariff rates | numeric | 4290| 1334 | 31.1 |
#> | 4Aiii_data | numeric | 4290| 1334 | 31.1 |
#> | 4A Tariffs | numeric | 4290| 760 | 17.72 |
#> | 4Bi Non-tariff trade barriers | numeric | 4290| 1641 | 38.25 |
#> | 4Bii Compliance costs of importing and exporting | numeric | 4290| 1497 | 34.9 |
#> | 4B Regulatory trade barriers | numeric | 4290| 1423 | 33.17 |
#> | 4C Black market exchange rates | numeric | 4290| 692 | 16.13 |
#> | 4Di Financial Openness | numeric | 4290| 484 | 11.28 |
#> | 4Dii Capital controls | numeric | 4290| 690 | 16.08 |
#> | 4Diii Freedom of foreigners to visit | numeric | 4290| 1990 | 46.39 |
#> | 4D Controls of the movement of capital and people | numeric | 4290| 297 | 6.92 |
#> | 4 Freedom to trade internationally | numeric | 4290| 763 | 17.79 |
#> | 5Ai Ownership of banks | numeric | 4290| 913 | 21.28 |
#> | 5Aii Private sector credit | numeric | 4290| 654 | 15.24 |
#> |5Aiii Interest rate controls/negative real interest rates)| numeric | 4290| 938 | 21.86 |
#> | 5A Credit market regulations | numeric | 4290| 697 | 16.25 |
#> | 5Bi Hiring regulations and minimum wage | numeric | 4290| 1393 | 32.47 |
#> | 5Bii Hiring and firing regulations | numeric | 4290| 1593 | 37.13 |
#> | 5Biii Centralized collective bargaining | numeric | 4290| 1457 | 33.96 |
#> | 5Biv Hours Regulations | numeric | 4290| 1287 | 30 |
#> | 5Bv Mandated cost of worker dismissal | numeric | 4290| 1488 | 34.69 |
#> | 5Bvi Conscription | numeric | 4290| 728 | 16.97 |
#> | 5B Labor market regulations | numeric | 4290| 1233 | 28.74 |
#> | 5Ci Administrative requirements | numeric | 4290| 1730 | 40.33 |
#> | 5Cii Regulatory Burden | numeric | 4290| 1576 | 36.74 |
#> | 5Ciii Starting
#> a business | numeric | 4290| 1383 | 32.24 |
#> | 5Civ Impartial Public Administration | numeric | 4290| 233 | 5.43 |
#> | 5Cv Licensing restrictions | numeric | 4290| 1921 | 44.78 |
#> | 5Cvi Tax compliance | numeric | 4290| 1412 | 32.91 |
#> | 5C Business regulations | numeric | 4290| 1354 | 31.56 |
#> | 5 Regulation | numeric | 4290| 695 | 16.2 |
#> ------------------------------------------------------------------------------------------------------------------------
#>
#>
#> $EconomicFreedomHist
#> ----------------------------------------------------------------------------
#> | Column Name | Data Type | Observations | Missing | Missing (%) |
#> ----------------------------------------------------------------------------
#> | stateID | character | 458| 0 | 0 |
#> | Year | mdate | 458| 0 | 0 |
#> | StateName | character | 458| 0 | 0 |
#> | EFW | numeric | 458| 0 | 0 |
#> | Rank | numeric | 458| 0 | 0 |
#> ----------------------------------------------------------------------------