Variable

Description

Data Source

Dependent Variable

RGDP per capital growth rate

Annual percentage growth rate of GDP per capita (%)

World Bank

Independent Variables

Exports of goods and services

Annual percentage growth rate of exports of goods and services

World Bank

Imports of goods and services

Imports of goods and services (% of GDP)

World Bank

Population growth rate

Annual population growth rate (%)

World Bank

Gross fixed capital formation

Gross fixed capital formation (% of GDP)

World Bank

Foreign direct investment

Foreign direct investment, net inflows (% of GDP)

World Bank