Variable

Description

Source

Y

Real GDP at constant 2011 national prices (in millions 2011 US$)

PWT 9.0

K

Capital stock at constant 2011 national prices (in millions 2011 US$)

PWT 9.0

L

Number of persons engaged (in millions)

PWT 9.0

h

Human capital index per person, based on years of schooling and returns to education.

PWT 9.0

Population

Population Level (000 at midyear)

Maddison Database

C g / Y

Government consumption/GDP, both at constant national 2011 prices

PWT 9.0

M / Y

Imports/GDP, both at constant national 2011 prices

PWT 9.0

I g / Y

General government investment (gross fixed capital formation)/ GDP, both in billions of constant 2011 international dollars

FMI, Fiscal Affairs Department