| Variable | Measurement and Expected sign | Source |
| Lagged GDP per capita | + | World Bank WDI |
| Inflation | +/− | World Bank WDI |
| Infrastructure | + | World Bank WDI |
| FDI inflows | + | World Bank WDI |
| Private Domestic investment | + | World Bank WDI |
| Openness | + | World Bank WDI |
| Health | + | World Bank WDI |
| Tertiary Enrolment rate | + | World Bank WDI |
| Secondary Enrolment rate | + | World Bank WDI |
| Primary Enrolment rate | + | World Bank WDI |
| Mean years of schooling | + | HDI index |