Furceri, Davide (contributor); … - 2008
the paper.
2. EMPIRICAL STRATEGY
Data for government expenditure is retrieved from the Penn World Table 6.2. The dataset … post-World War 2, (b) a dummy for
countries created after 1800 but before 1945, (c) a dependency dummy, (d) an OPEC
dummy …
19
We use the World Bank classification to differentiate among Rich and Poor countries. In particular, we
include in …