ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2
Dataset for the paper:
3
4
Cieslik, A., Gurshev, O. & Hamza, S. Between the Eurozone crisis and the Brexit: the decade of British outward FDI into Europe.
5
Empir Econ (2021). https://doi.org/10.1007/s00181-021-02177-2
6
7
Author information (ORCID IDs):
8
9
Andrzej Cieslik: 0000-0002-7834-7384
10
Oleg Gurshev: 0000-0003-4532-7819
11
Sarhad Hamza: 0000-0001-8319-0804
12
13
Legend:
14
y
- Directional international investment positions of British
firms abroad analyzed by area and main country. The
data are reported in accordance with the International
Monetary Fund’s 6th manual on the balance of
payments and investment position standards (IMF
2019). Originally reported in British pounds, then
converted to US$ dollars through Pacific exchange rate
(annual average)
15
gdp_diff
- Squared difference of host and parent GDP’s (in constant 2017 US$ million)
16
k_diff
- Physical capital difference, adjusted for the number of employed population (in constant 2017 US$ million)
17
h_diff
- Human capital difference, adjusted for the number of employed population
18
gdp_sum
- Sum of host and parent real GDPs (in constant 2017 US$ million)
19
gdp_sim
- Share of host real GDP in the sum of host and parent GDP * share of parent real GDP in the sum of host and parent GDP
20
dist
- Geographical distance between home and host countries (between capital cities, in km)
21
emp_pop
- Total employed population in host country, millions
22
urban_pop
- Total urban population in host country (% of total population)
23
total_pop
-Total population in host country, millions
24
tax
- Tax revenue in host country
25
industry
- Industry, value added in host country (% of GDP)
26
s_trade
- Trade in services (% of GDP)
27
tf_host
- Host’s trade freedom index
28
tc_uk
- Parent’s trade freedom index
29
infl_host
- Host’s domestic inflation
30
infl_parent
- Parent’s domestic inflation
31
gdp_diff_k
- Interaction term between market size difference and physical capital difference
32
gdp_diff_h
- Interaction term between market size difference and human capital difference
33
tc_h
- Interaction term between host’s trade barriers and human capital difference
34
stab
- Political stability and absence of violence/terrorism in the host country, measures perceptions of the likelihood of political instability, including terrorism, percentile rank
35
voice
- Perceptions of the extent to which a host country citizens are able to participate in selecting their government, freedom of association, and a free media, percentile rank
36
gov
- Perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, percentile rank
37
regq
- Perceptions of the ability of the government to formulate and implement sound policies and regulations and promote private sector, percentile rank
38
law
- Perceptions of the extent to which agents have confidence in and abide by the rules of society, quality of contract enforcement, property rights, percentile rank
39
corrup
- Perceptions of the extent to which public power is exercised for private gain in the host country, percentile rank
40
ports
- Dummy variable, reflects if host has a major trading seaport (by volume of trade)
41
landlocked
- Dummy, reflects if host is landlocked
42
brexit_r
- Dummy, reflects parent's country Brexit referendum vote
43
brexit_a
- Dummy, reflects the process of parent's withdrawal from the EU
44
phantom
- Dummy, reflects if host is a well-known round-trip FDI partner
45
eu
- Dummy, reflects if host is a member of the EU
46
efta
- Dummy, reflects if host is a member of the EFTA
47
lang_ger
- Dummy, reflects if host has German as an official language
48
lang_eng
- Dummy, reflects if host has English as an official language
49
lang_fr
- Dummy, reflects if host has French as an official language
50
euro
- Dummy, reflects if host is a member of the Eurozone
51
core
- Dummy, reflects if host was one of the founders of the European Coal and Steel Community (Belgium, France, Italy, Luxembourg, the Netherlands, and Germany)
52
greek
- Dummy, reflects the Eurozone area currency crisis
53
54
55
References:
56
Antweiler W (2021) Pacific exchange rate service [online]. https://fx.sauder.ubc.ca/data.html
57
CEPII (2021) The gravity database [online]. Available at: http://www.cepii.fr/CEPII/en/bdd_modele/presentation.asp?id=8
58
Eurostat (2021) Maritime ports freight and passenger statistics [online]. https://ec.europa.eu/eurostat/statistics-explained/index.php/Maritime_ports_freight_and_passenger_statistics
59
International Monetary Fund (2019) Glossary of Foreign Direct Investment Terms [online]. Available at https://www.imf.org/external/np/sta/di/glossary.pdf
60
Office for National Statistics (2020) Foreign direct investment involving UK companies [online]. Available at: https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/
61
World Bank (2021) World Development Indicators [online]. https://datacatalog.worldbank.org/dataset/world-development-indicators
62
63
Contact:
64
oleggurshev@gmail.com
65
66
License:
67
CC-BY
68
If you use this dataset in your analysis, please cite: Cieslik, A., Gurshev, O. & Hamza, S. Between the Eurozone crisis and the Brexit: the decade of British outward FDI into Europe. Empir Econ (2021). https://doi.org/10.1007/s00181-021-02177-2
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100