Table A

Table A: Some Growth Relevant Country Data

y03

Real GDP per worker relative to the USA in year 2003.

y60

Real GDP per worker relative to the USA in 1960.

Average annual growth rate of real GDP per worker, 1960-2003. Logarithmic approximation.

sK

Average investment rate in physical capital (investment share of GDP), 1960-2003.

sH

Average "investment rate" in human capital, 1960-1995.

Average number of schooling years in population above the age of 15 in year 2000.

isi

Index of social infrastructure

Average annual labour force growth rate, 1960-2003.

Grade

Grading of data reliability from Penn World Table 6.1.

Luxembourg
USA
Ireland
Norway
Belgium
Austria
France
Netherlands
Australia
Singapore
Switzerland
Italy
United Kingdom
Canada
Denmark
Hong Kong
Sweden
Finland
Israel
Spain
Iceland
Japan
New Zealand

Code y03
LUX 1.735
USA 1.000
IRL
0.971
NOR 0.968
BEL 0.907
AUT 0.881
FRA 0.839
NLD 0.837
AUS 0.805
SGP 0.800
CHE 0.799
ITA 0.768
GBR 0.765
CAN 0.763
DNK 0.759
HKG 0.752
SWE 0.709
FIN
0.708
ISR
0.699
ESP 0.687
ISL
0.681
JPN 0.664
NZL 0.653

y60
0.966
1.000
0.423
0.761
0.664
0.555
0.623
0.909
0.837
0.402
1.030
0.547
0.705
0.895
0.790
0.271
0.798
0.538
0.593
0.398
0.670
0.299
1.018

Taiwan
Trinidad &Tobago
Mauritius
Greece
Portugal
Korea, Rep. Of
Chile
Barbados
Malaysia
Argentina

TWN
TTO
MUS
GRC
PRT
KOR
CHL
BRB
MYS
ARG

0.122
0.595
0.388
0.324
0.301
0.137
0.477
0.562
0.164
0.629

0.628
0.586
0.550
0.530
0.502
0.498
0.426
0.415
0.412
0.358

gy
0.031
0.018
0.037
0.023
0.025
0.028
0.025
0.016
0.017
0.034
0.012
0.026
0.020
0.014
0.017
0.041
0.015
0.024
0.022
0.030
0.018
0.036
0.007

sK
0.256
0.190
0.210
0.284
0.225
0.240
0.231
0.242
0.243
0.436
0.280
0.243
0.174
0.225
0.222
0.253
0.220
0.291
0.247
0.230
0.251
0.306
0.205

sH
0.115
0.125
0.104
0.101
0.095
0.095
0.113
0.102
0.092
0.081
0.075
0.094
0.105
0.111
0.073
0.090
0.115
0.105
0.096
0.109
0.118

u
12.049
9.351
11.848
9.338
8.354
9.355
10.922
7.047
10.481
7.18
9.42
11.617
9.661
9.413
11.414
8.302
9.604
7.28
8.83
9.467
11.737

isi
0.900
0.973
0.767
0.873
0.866
0.864
0.871
0.894
0.810
0.930
1.000
0.808
0.856
0.966
0.881
0.896
0.882
0.879
0.489
0.790
0.896
0.833
0.593

n
0.008
0.016
0.010
0.012
0.005
0.002
0.007
0.014
0.021
0.034
0.010
0.005
0.005
0.022
0.008
0.029
0.009
0.006
0.029
0.011
0.020
0.010
0.019

0.056
0.017
0.026
0.029
0.030
0.048
0.015
0.011
0.039
0.005

0.170
0.186
0.125
0.250
0.205
0.279
0.189
0.049
0.194
0.157

0.102
0.073
0.086
0.073
0.108
0.083
0.079
0.073

8.764
7.76
5.999
8.667
5.873
10.837
7.549
8.732
6.8
8.829

0.767
0.308
0.852
0.756
0.795
0.667
0.534
0.869
0.844
0.334

0.022
0.014
0.023
0.008
0.010
0.026
0.022
0.012
0.029
0.016

Page 1

In Sample
of 65
Grade
A
0
A
1
A
1
A
1
A
1
A
1
A
1
A
1
A
1
B
0
A
1
A
1
A
1
A
1
A
1
A
1
A
1
A
1
B
1
B
1
B
0
A
1
B
1
D
C
C
B
B
B
B
C
C
B

0
0
0
1
1
1
1
0
1
1

Table A

Gabon
South Africa
Costa Rica
Panama
Uruguay
Mexico
Iran
Algeria
Dominican Rep.
Brazil
Venezuela
Colombia
Romania
Paraguay
Thailand
Cape Verde
Egypt
Turkey
Jordan
Peru
El Salvador
Ecuador
Guatemala
Morocco
Sri Lanka
Jamaica
Nicaragua
Philippines
Indonesia
China
Bolivia
Pakistan
India
Cameroon
Honduras
Syria
Guinea
Zimbabwe
Cote d`Ivoire
Lesotho
Congo, Rep. of
Senegal
Nigeria
Nepal
Benin
Ghana
Mozambique
Comoros
Mali
Rwanda
Kenya
Uganda
Burkina Faso
Zambia
Chad
Togo

GAB
ZAF
CRI
PAN
URY
MEX
IRN
DZA
DOM
BRA
VEN
COL
ROM
PRY
THA
CPV
EGY
TUR
JOR
PER
SLV
ECU
GTM
MAR
LKA
JAM
NIC
PHL
IDN
CHN
BOL
PAK
IND
CMR
HND
SYR
GIN
ZWE
CIV
LSO
COG
SEN
NGA
NPL
BEN
GHA
MOZ
COM
MLI
RWA
KEN
UGA
BFA
ZMB
TCD
TGO

0.317
0.312
0.309
0.287
0.287
0.274
0.255
0.240
0.229
0.228
0.219
0.203
0.185
0.180
0.180
0.180
0.178
0.174
0.168
0.163
0.161
0.158
0.150
0.148
0.137
0.133
0.127
0.124
0.122
0.122
0.107
0.102
0.099
0.096
0.090
0.089
0.086
0.080
0.072
0.070
0.052
0.046
0.045
0.045
0.044
0.042
0.041
0.040
0.036
0.035
0.034
0.034
0.034
0.033
0.029
0.027

0.374
0.414
0.464
0.236
0.478
0.391
0.313
0.395
0.212
0.243
0.616
0.279
0.071
0.226
0.065
0.134
0.130
0.140
0.465
0.309
0.293
0.224
0.231
0.112
0.075
0.269
0.432
0.172
0.087
0.027
0.193
0.066
0.062
0.126
0.157
0.082
0.180
0.149
0.096
0.040
0.071
0.115
0.079
0.045
0.053
0.027
0.046
0.090
0.046
0.058
0.073
0.050
0.038
0.061
0.071
0.058

0.014
0.011
0.008
0.022
0.006
0.009
0.013
0.006
0.020
0.016
-0.006
0.010
0.040
0.012
0.041
0.024
0.025
0.023
-0.006
0.003
0.004
0.010
0.008
0.024
0.032
0.001
-0.011
0.010
0.026
0.053
0.004
0.028
0.029
0.011
0.005
0.020
0.001
0.003
0.011
0.031
0.010
-0.003
0.005
0.018
0.013
0.028
0.015
-0.001
0.012
0.006
0.000
0.009
0.015
0.003
-0.003
0.000

0.076
0.093
0.084
0.182
0.128
0.182
0.273
0.157
0.105
0.189
0.173
0.121
0.189
0.106
0.292
0.149
0.097
0.129
0.131
0.187
0.078
0.232
0.074
0.116
0.147
0.170
0.088
0.138
0.133
0.249
0.101
0.132
0.105
0.049
0.125
0.082
0.074
0.131
0.081
0.174
0.241
0.056
0.060
0.120
0.085
0.129
0.030
0.114
0.082
0.024
0.112
0.026
0.088
0.339
0.085
0.099

0.068
0.072
0.096
0.081
0.078
0.124
0.057
0.049
0.063
0.070
0.048
0.049
0.091
0.062
0.146
0.089
0.047
0.073
0.029
0.045
0.091
0.112
0.063
0.110
0.051
0.054
0.032
0.056
0.026
0.039
0.090
0.046
0.027
0.083
0.022
0.026
0.036
0.020
0.054
0.009
0.013
0.008
0.033
0.015
0.006
0.029
0.008
0.033

Page 2

0.287 0.020
6.138 0.414 0.024
6.049 0.546 0.034
8.552 0.334 0.028
7.558 0.337 0.010
7.229 0.396 0.033
5.312 0.243 0.030
0.265 0.030
4.927 0.255 0.032
4.884 0.385 0.029
6.64 0.462 0.035
5.27 0.327 0.030
0.291 0.001
6.184 0.310 0.029
6.502 0.856 0.024
0.229 0.023
5.514 0.276 0.027
5.289 0.367 0.020
6.914 0.615 0.048
7.584 0.464 0.030
5.154 0.386 0.029
6.409 0.709 0.031
3.488 0.397 0.032
0.504 0.024
6.866 0.432 0.022
0.483 0.017
4.579 0.428 0.034
8.209 0.281 0.029
4.986 0.520 0.026
6.355 0.320 0.019
5.579 0.557 0.023
3.875 0.227 0.025
5.063 0.306 0.020
3.54 0.359 0.021
4.796 0.390 0.031
5.775 0.412 0.033
0.352 0.024
5.354 0.273 0.025
0.313 0.035
4.232 0.552 0.016
5.145 0.207 0.025
2.551 0.243 0.026
0.214 0.026
2.428 NaN 0.019
2.335 0.244 0.024
3.886 0.381 0.026
1.105 0.268 0.019
0.508 0.029
0.876 0.233 0.020
2.564 0.193 0.022
4.197 0.313 0.033
3.514 0.26178 0.027
0.249 0.016
5.457 0.234 0.025
0.277 0.024
3.334 0.223 0.030

C
C
C
C
B
C
C
D
C
C
C
C
C
C
C
D
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
D
C
C
C
C
C
C
D
D
C
C
C
D
C
C
D
D

0
1
0
0
1
1
0
0
1
1
1
1
0
0
1
0
1
1
0
1
1
1
1
1
1
0
0
1
1
0
1
1
1
1
0
1
0
1
1
0
0
1
0
1
1
1
0
0
1
1
1
0
1
1
0
0

Table A

Niger
Gambia, The
Tanzania
Malawi
Madagascar
Ethiopia
Burundi
Guinea-Bissau

NER
GMB
TZA
MWI
MDG
ETH
BDI
GNB

0.027
0.027
0.026
0.024
0.023
0.023
0.021
0.019

0.072 -0.005 0.059 0.007 1.018

0.041 0.008 0.068
2.312
0.029 0.015 0.049 0.007 2.705
0.027 0.015 0.097 0.012 3.204
0.078 -0.010 0.040 0.031
0.026 0.015 0.036 0.014 9.988
0.038 0.004 0.038 0.005
0.030 0.007 0.132
0.839

0.257
0.395
0.276
0.251
0.238
0.199
0.264
0.259

0.027
0.033
0.028
0.026
0.025
0.022
0.017
0.016

D
C
C
C
C
C
C
D

0
0
1
1
1
1
1
0

Note: In order to be able to complete some of the exercises you need to know the level of GDP per worker in a
common currency, 2000 dollars, for 1960 and 2003 for all the countries in this table. These numbers can be
computed using the levels of US GDP given below.

Real GDP per worker, USA

2003 1960
67865 31691

(2000 dollars)

Sources: Average investment rates in human capital (sH) from data set for Bernanke and Grkaynak: "Is Growth
Exogenous? Taking Mankiw, Romer, and Weil Seriously", NBER Working Paper 8365, Juy 2001 (2001).
Average educational attainment (u) from Robert J. Barro and Jong-Wha Lee: "International Data on Educational
Attainment: Updates and Implications", Center for International Development Working Paper 42, 2000.
Index of social infrastructure (isi) from data set for Hall and Jones: "Why do some countries produce so much
more output per worker than others?", Quarterly Journal opf Economics, 114, 2001.
All other data from Alan Heston, Robert Summers and Bettina Aten, Penn World Table Version 6.2,
Center for International Comparisons at the University of Pennsylvania (CICUP), October 2002.

Page 3

Table A

arithmic approximation.

Page 4

Table A

um

Page 5

Table A

31691.297

Page 6