T. Mamuneas, A. Savvides and T. Stengos, "Economic Development and the Return to Human Capital: A Smooth Coefficient Semiparametric Approach", Journal of Applied Econometrics, Vol. 21, No. 1, 2006, pp. 111-132. The data are found in two files: datajae.txt supdatajae.txt These are both ASCII files in DOS format. They are zipped in the file mss-data.zip. The readme file explains the variable definitions and country codes that are to be found in data sets In the appendix of the paper there are descriptions of data sources and details of how the data are used. The variables contained in datajae.txt are: CODE=country code YEAR=year HIGH=dummy variable equals 1 if country is high income MIDDLE=dummy variable equals 1 if country is middle income LATIN=dummy variable equals 1 if country is in Latin America MENA=dummy variable equals 1 if country is in Middle East and North Africa SSAFRICA=dummy variable equals 1 if country is in Sub Saharan Africa SASIA=dummy variable equals 1 if country is in South Asia SEASIA=dummy variable equals 1 if country is in South East Asia H=human capital stock L=number of workers Y=output K=physical capital stock SLADJ=adjusted output share of labor SHAREHK=share of human capital in adjusted output share of labor INV=investment PY=GDP deflator (from World Bank, World Tables) PINV=Investment deflator (from World Bank, World Tables) PPP=Purchasing Power Parity relative to the US (Summers-Heston) XR=nominal exchange rate (units of domestic currency per one US dollar) There are 918 observations (51 countries times 18 years). The variables contained in supdatajae.txt are: POLITICAL=index of political freedom CIVIL=index of civil freedom OPEN=dummy variable equals 1 if country's trade regime is classified as open There are 868 observations (51 countries times 17 years). Below are the country codes: CODE COUNTRY 1 AUSTRALIA 2 AUSTRIA 3 BELGIUM 4 CANADA 5 COLOMBIA 6 DENMARK 7 ECUADOR 8 EL SALVADOR 9 ETHIOPIA 10 FINLAND 11 GERMANY 12 INDIA 13 INDONESIA 14 IRELAND 15 ITALY 16 JAPAN 17 KENYA 18 KOREA 19 MADAGASCAR 20 MALAYSIA 21 MAURITIUS 22 MEXICO 23 NETHERLANDS 24 NEW ZEALAND 25 NORWAY 26 PAKISTAN 27 PANAMA 28 PHILIPPINES 29 PORTUGAL 30 SINGAPORE 31 SPAIN 32 SWEDEN 33 THAILAND 34 TURKEY 35 UNITED KINGDOM 36 UNITED STATES 37 VENEZUELA 38 ZIMBABWE 39 ALGERIA 40 COSTA RICA 41 FRANCE 42 GREECE 43 ICELAND 44 JAMAICA 45 MALAWI 46 PARAGUAY 47 SIERRA LEONE 48 SRI LANKA 49 SWITZERLAND 50 TANZANIA 51 ZAMBIA