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Codebook for Liberal Democracy and State Capacity indexes devised by Ed Dolan, Senior Fellow at Niskanen Center, based on data downloaded from https://prosperity.com/about-prosperity/prosperity-index
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CodeFull Name TypeSource
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ExConExecutive ConstraintsElementLegatum Element "Executive Constraints"
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GovEfGovernment EffectivenessElementLegatum Element "Government Integrity"
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RoLRule of LawElementLegatum Element "Rule of Law"
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LimitsLimited GovernmentComponentStandardized average of ExCon, GovEf, RoL
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RegQRegulatory QualityElementLegatum Element "Regulatory Quality"
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PropRProperty RightsElementLegatum Element "Property rights"
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InvProInvestor ProtectionsElementLegatum Element "Investor Protections"
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ConEnfContract EnforcementElementLegatum Element "Contract Enforcement"
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QMI
Quality of Market Institutions
ComponentStandardized average of RegQ, PropR, InvPro, and ConEnf
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AgencyAgencyElementLegatum Element "Agency"
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FSpeechFreedom of SpeechElementLegatum Element "Freedom of Speech"
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FAssemFreedom of AssemblyElementLegatum Element "Freedom of Assembly"
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LegDisc
Absence of Legal Discrimination
ElementLegatum Element "Absence of Legal Discrimination"
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PFreePersonal FreedomComponent
Standardized average of Agency, FSpeech, Fassem, and LegDisc
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PDemProcedural DemocracyComponent
Standardized value of Legatum Element "Political Accountability"
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LibDemLiberal Democracy IndexStandardized average of PDem, PFree, QMI, and Limits
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AdCapAdministrative CapacityComponentLegatum Element "Government Effectiveness"
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VCrimeViolent CrimeElementLegatum Element "Violent Crime"
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PCrimeProperty CrimeElementLegatum Element "Property Crime"
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WarWarElementLegatum Element "War and Civil Conflict"
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SecCapSecurity CapacityComponentStandardized Average of VCrime, PCrime, and War
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FRiskCountry risk premiumElementLegatum indicator "Country risk premium"
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FCreditCountry credit ratingElementLegatum indicator "Country credit rating"
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FiscCapFiscal CapacityComponentStandardized average of FRisk and FCredit
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StatCapState CapacityIndexStandardized Average of AdCap, SecCap, and FiscCap
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