The index of Economic Freedom is at http://www.heritage.org/research/features/index/Last year’s suggested sources included the following websites. http://www.finfacts.com/biz10/globalworldincomepercapita.htmhttps://www.cia.gov/cia/publications/factbook/index.htmlhttp://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20535285~menuPK:1192694~pagePK:64133150~piPK:64133175~theSitePK:239419,00.htmlhttp://www.carleton.ca/cifp/But just by wandering around the clippings on my website I found many other potential sources. Here is my list.http://www.neweconomics.org/gen/z_sys_publicationdetail.aspx?pid=225 . A book on the happy planet index in available on-line it or, better, its components are possible independent variables.http://www.oecd.org/document/15/0,2340,en_2649_201185_1873295_1_1_1_1,00.html. A listing of many worldwide sources of economic data.http://www.kof.ethz.ch/deutsch/globalization/globalization.html. An index of the level of globalization plus a list of sourceshttp://www.gapminder.org/. Lots of fancy graphics here, but it may take some work to find numbers.http://www.foreignpolicy.com/story/cms.php?story_id=3098. A large set of data limited to failed states. It could be interesting to relate this to economic freedom.http://www.economist.com/media/pdf/QUALITY_OF_LIFE.pdf. Data and components for many nations.http://www.economist.com/index.html. A site everyone should go to, but it may take ingenuity or a subscription to get much hard data. I’ve posted some price data from it at http://courses.wcupa.edu/rbove/eco343/060compecon/general%20comparative/060525BigMac.mhthttp://www.unicri.it/wwd/analysis/icvs/statistics.php. Crime victimization rateshttp://www.sasi.group.shef.ac.uk/worldmapper/thumbnails/. This site is not exactly user-friendly, but with a little effort you can get Excel spreadsheets associated with their maps with GDP/capita and lots of other good stuff.http://www.doingbusiness.org/documents/DoingBusiness2007_Overview.pdf. Worldwide rankings on the ease of doing business.http://www.transparency.org/publications/gcr/download_gcr#download. There is a corruption perceptions index in here.If you want to mine the website for possible ideas. A list of the contents of one folder follows.courses.wcupa.edu - /rbove/eco343/060compecon/general comparative/252CP406 12/2/2006Computer Problem 4This is an internet project as mandated by the Economics Department. Possible credit is 2 to 7 points depending on effort and originality. Recently the Heritage Foundation produced the graph below.What I want to know is if you can develop an equation relating per capita income (the dependent variable) and Economic freedom x. Because it is pretty obvious that a straight line won’t work, you will probably need to create a 2x variable too. (The instruction for getting a squared version of the variable in C3 into C4 would be ‘let C4 = C3 * C3’). But I would like to know what parts of ‘economic freedom’ affect per capita income. Your dependent variable is per capita income. You should probably use a sample of no more than 50 countries and it’s up to you what variables to use, but you should work up to at least 3 independent variables. You are, of course, looking for significant coefficients and high R-squares. For instructions on how to do a regression, try the material in Doing a Regression and in the problem solution suggested there. See also the first question on last year’s final exam. (The instruction for getting a squared version of the variable in C3 into C4 would be ‘let C4 = C3 * C3.) I expect some commentary, using R-squares and significance, on what independent variables are good predictors. Since your dependent variable is per capita income, avoid independent variables that are parts of total income.The index of Economic Freedom is at http://www.heritage.org/research/features/index/Last year’s suggested sources included the following websites. http://www.finfacts.com/biz10/globalworldincomepercapita.htmhttps://www.cia.gov/cia/publications/factbook/index.html252CP406 12/2/2006http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20535285~menuPK:1192694~pagePK:64133150~piPK:64133175~theSitePK:239419,00.htmlhttp://www.carleton.ca/cifp/But just by wandering around the clippings on my website I found many other potential sources. Here is mylist.http://www.neweconomics.org/gen/z_sys_publicationdetail.aspx?pid=225 . A book on the happy planet index in available on-line it or, better, its components are possible independent variables.http://www.oecd.org/document/15/0,2340,en_2649_201185_1873295_1_1_1_1,00.html. A listing of many worldwide sources of economic data. http://www.kof.ethz.ch/deutsch/globalization/globalization.html. An index of the level of globalization plus a list of sourceshttp://www.gapminder.org/. Lots of fancy graphics here, but it may take some work to find numbers.http://www.foreignpolicy.com/story/cms.php?story_id=3098. A large set of data limited to failed states. It could be interesting to relate this to economic freedom.http://www.economist.com/media/pdf/QUALITY_OF_LIFE.pdf. Data and components for many nations.http://www.economist.com/index.html. A site everyone should go to, but it may take ingenuity or a subscription to get much hard data. I’ve posted some price data from it at http://courses.wcupa.edu/rbove/eco343/060compecon/general%20comparative/060525BigMac.mhthttp://www.unicri.it/wwd/analysis/icvs/statistics.php. Crime victimization rateshttp://www.sasi.group.shef.ac.uk/worldmapper/thumbnails/. This site is not exactly user-friendly, but with a little effort you can get Excel spreadsheets associated with their maps with GDP/capita and lots of other good stuff.http://www.doingbusiness.org/documents/DoingBusiness2007_Overview.pdf. Worldwide rankings on the ease of doing business.http://www.transparency.org/publications/gcr/download_gcr#download. There is a corruption perceptions index in here.If you want to mine the website for possible ideas. A list of the contents of one folder follows.252CP406 12/2/2006courses.wcupa.edu - /rbove/eco343/060compecon/general comparative/[To Parent Directory]Wednesday, September 06, 2006 1:59 AM 38585 041200foundations.mht Wednesday, July 19, 2006 6:30 AM 40497 060000corrupt.mht Friday, October 27, 2006 11:11 PM 24064 060000profiles.doc Friday, October 27, 2006 11:11 PM 334080 060000sustainable.pdf Friday,
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