Table 2 Trade and investment indicators used in quantitative studies
Indicator | Number (%) of studies using as explanatory variable |
|---|---|
KOF Globalization Index (Swiss Federal Institute of Technology) | 9 (26) |
FDI inflows/GDP (%) | 8 (24) |
Total trade (imports + exports)/GDP (%) | 8 (24) |
Entry into force of a specific agreement or SAP (indicator variable) | 5 (15) |
CSGR Globalisation Index (Univ. of Warwick) | 2 (6) |
Economic Freedom of the World Index (Fraser Institute) | 2 (6) |
Mean applied tariff rate | 2 (6) |
Average imports, weighted by partner countries’ infant mortality rates | 1 (3) |
Black market premium | 1 (3) |
Imported food/total food (%) | 1 (3) |
Index of Economic Freedom (Heritage Foundation/WSJ) | 1 (3) |
Index of service sector liberalization (World Bank) | 1 (3) |
Maastricht Globalisation Index (Univ. of Maastricht) | 1 (3) |
Sachs-Warner Index (indicator variable) | 1 (3) |