This folder contains data used in chapter 4 of the thesis. Various data sources are used. Data on trade openness, services sector employment, education, and financial development are sourced from the World Development Indicators Database of the World Bank. The data on digital infrastructure captures Internet access, fixed telephone subscriptions (per 100 people), and mobile cellular subscriptions (per 100 people). Data on institutional quality and inflation comes World Governance Indicators and while data on International Monetary Fund (IMF) database respectively.
For missing observations, besides the institutional quality variable, we impute these missing observations using their growth trend. However, for the variable of institutional quality, data points for the years 1997, 1999, and 2001 are not available. We use the averages of the two periods before and after to impute them.
The final sample contains data on 45 Sub-Saharan African countries for the period 1996–2017. The analysis was implemented in stata.
We use Fixed-Effects Method for the baseline estimates. Subsequently, we address endogeneity by employing the Fixed Effect IV (FEIV) method and the Lewbel (2012) Fixed Effect IV (FE-IV LB) approach.