Table 9.
Country list and the key variables
| Number | WDI code | Country name | excess_a | excess_b | excess_c | Output1 | Output2 | Output3 | TFP | lapro |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ARG | Argentina* | 0.0194 | 0.0194 | 0.016001 | 0.128274 | 0.128274 | 2.267981 | 0.523028 | 0.462145 |
| 2 | AUS | Australia* | 0.002997 | 0.002997 | 0 | 1.55368 | 1.553681 | 0.834257 | 1.68706 | 1.44252 |
| 3 | AUT | Austria | 0.016691 | 0.025036 | 0.01503 | 0.845932 | 1.168121 | 0.793232 | 2.28132 | 0.809935 |
| 4 | BEL | Belgium | 0.012974 | 0.012399 | 0.011047 | 1.03904 | 1.533407 | 0.659436 | 2.07387 | 1.55378 |
| 5 | BRB | Barbados | 0.003619 | 0.005429 | 0 | 1.78369 | 4.172643 | 5.078858 | 1.84303 | 2.25328 |
| 6 | CAN | Canada | 0.00152 | 0.001115 | 0 | -0.8366 | -1.39376 | -1.14203 | 1.83668 | 1.34186 |
| 7 | CHE | Switzerland | 0.006608 | 0.007781 | 0.004712 | 2.50297 | 3.278331 | 1.566297 | 1.2526 | 1.00248 |
| 8 | CHL | Chile* | 0.00938 | 0.00938 | 0.00616 | -1.39764 | -1.39764 | -0.7269 | 1.16935 | -0.30902 |
| 9 | COL | Colombia | 0 | 0 | 0 | 3.64212 | 3.833719 | 2.827781 | 4.49707 | 3.37623 |
| 10 | CRI | Costa Rica | 0.003876 | 0.005814 | 0.003612 | -0.49362 | -0.42808 | 0.295504 | 2.6458 | -0.21905 |
| 11 | DEU | Germany | 0.005552 | 0.005653 | 0.00588 | 3.75463 | 3.900309 | 2.82413 | 3.53208 | 2.47277 |
| 12 | DNK | Denmark | 0.003794 | 0.002296 | 0.003136 | 0.354156 | -0.31092 | 0.022856 | 2.05829 | 0.214092 |
| 13 | DOM | Dominican Republic | 0.00394 | 0.005 | 0.003646 | 6.33862 | 10.48484 | 6.372761 | 7.06898 | 6.73732 |
| 14 | ECU | Ecuador* | 0.009074 | 0.009074 | 0.004686 | 0.287493 | 0.287493 | 0.235386 | 1.47324 | 0.286633 |
| 15 | EGY | Egypt | 0.005963 | 0.005963 | 0.005652 | 6.60564 | 6.765234 | 4.226338 | 7.86588 | 3.65426 |
| 16 | ESP | Spain | 0.000992 | 0.001435 | 0 | 0.844121 | 0.678874 | 0.844121 | 2.17792 | 0.55412 |
| 17 | FIN | Finland | 0.008399 | 0.011813 | 0.007821 | 2.90037 | 4.029218 | 3.128274 | 3.87904 | 2.54464 |
| 18 | FRA | France | 0.008763 | 0.009686 | 0.006089 | 0.742081 | 1.472078 | 0.304613 | 1.81413 | 0.353109 |
| 19 | GBR | United Kingdom | 0.023091 | 0.024506 | 0.02239 | -0.61634 | -1.32602 | -0.49869 | 1.33249 | 0.899999 |
| 20 | GRC | Greece | 0.012639 | 0.010412 | 0.008535 | 1.23964 | 2.431382 | 0.504834 | 1.94308 | 0.758205 |
| 21 | GTM | Guatemala | 0.010756 | 0.016133 | 0.011948 | 1.71097 | 0.89209 | 1.587084 | 0.916493 | 2.06443 |
| 22 | HKG | Hong Kong SAR | 0.000551 | 0.000827 | 0.000689 | 1.35258 | 2.82535 | 0.004117 | 3.75032 | 1.30827 |
| 23 | HND | Honduras | 0.008715 | 0.01307 | 0.00923 | -2.15408 | -4.10721 | -1.57079 | - | - |
| 24 | IRL | Ireland | 0.01316 | 0.01974 | 0.015693 | 1.23728 | -0.3205 | 1.220421 | 1.39067 | 1.49735 |
| 25 | ISL | Iceland | 0.00401 | 0.006015 | 0.004741 | -0.4354 | 4.16083 | -1.7564 | 0.529997 | -2.27697 |
| 26 | ISR | Israel | 0.000848 | 0.001272 | 0 | 6.21865 | 9.052931 | 3.936749 | 8.5827 | 7.0534 |
| 27 | ITA | Italy | 0.008878 | 0.009242 | 0.008271 | 1.87623 | 2.85529 | 3.925663 | 2.85485 | 2.47001 |
| 28 | JAM | Jamaica | 0.006785 | 0.003691 | 0.005114 | 3.9655 | 6.322402 | 2.288332 | 4.8919 | 4.39023 |
| 29 | JPN | Japan | 0.002338 | 0.002913 | 0.002108 | 2.54397 | 2.18041 | 2.402717 | 2.75064 | 3.2693 |
| 30 | LKA | Sri Lanka | 0.000365 | 0.000365 | 0.000319 | 3.02621 | 1.688944 | 3.889429 | 3.77739 | 3.38706 |
| 31 | LUX | Luxembourg | 0 | 0 | 0 | 3.13969 | 3.498503 | 2.60419 | 4.45571 | 2.96738 |
| 32 | MEX | Mexico | 0.0233 | 0.0184 | 0.01641 | 0.600024 | -0.62376 | -1.41432 | 2.4565 | 0.511329 |
| 33 | MUS | Mauritius* | 0.008252 | 0.008252 | 0.006292 | 3.70709 | 3.707087 | 3.707067 | - | - |
| 34 | NIC | Nicaragua | 0.01128 | 0.0114 | 0.009345 | -3.93698 | -3.4006 | -5.31303 | - | - |
| 35 | NLD | Netherlands | 0.009673 | 0.013022 | 0.00892 | 1.03223 | 1.076975 | 1.903189 | 1.58852 | 0.486268 |
| 36 | NOR | Norway | 0.013505 | 0.016427 | 0.013867 | -8.34751 | -12.3221 | -8.71446 | -7.14789 | -9.35894 |
| 37 | NZL | New Zealand* | 0.010265 | 0.010265 | 0.006977 | 0.942385 | 0.942386 | 0.107959 | 5.27322 | 3.08953 |
| 38 | PAN | Panama | 0.007529 | 0.010733 | 0.009 | 2.32337 | 4.234654 | 3.563689 | - | - |
| 39 | PER | Peru* | 0.021722 | 0.021722 | 0.0189 | -1.68591 | -1.68591 | -1.41094 | 0.68236 | -2.30402 |
| 40 | PHL | Philippines | 0.001313 | 0.000414 | 0.00495 | 2.2127 | 1.96137 | 2.209811 | 5.8383 | 5.71161 |
| 41 | PRT | Portugal | 0.004542 | 0.006813 | 0.000198 | 1.90852 | -0.67973 | 2.393728 | 2.63412 | 1.00641 |
| 42 | PRY | Paraguay* | 0.012898 | 0.012898 | 0.013454 | 0.967892 | 0.967892 | 1.47375 | - | - |
| 43 | ROU | Romania | 0.01957 | 0.02336 | 0.018646 | -2.06861 | -2.26171 | -1.21273 | -0.58402 | -1.78401 |
| 44 | SGP | Singapore | 0.000991 | 0.000823 | 0 | 5.05916 | 6.369545 | 3.10734 | 0.515397 | 2.59992 |
| 45 | SLV | El Salvador | 0.008101 | 0.012151 | 0.009258 | -3.03759 | -3.71759 | -2.3639 | - | - |
| 46 | SWE | Sweden | 0.005211 | 0.003512 | 0.00362 | 1.83501 | 2.542208 | 0.730281 | 1.5766 | 0.323947 |
| 47 | THA | Thailand | 0 | 0 | 0 | 5.74728 | 10.03623 | 6.886227 | 7.98812 | 5.92483 |
| 48 | TTO | Trinidad and Tobago | 0 | 0 | 0 | 1.17572 | -0.34109 | -1.18039 | 3.07708 | 1.52179 |
| 49 | TWN | Taiwan | 0 | 0 | 0 | -0.56859 | -0.58509 | -0.43422 | -1.88176 | -2.34514 |
| 50 | URY | Uruguay* | 0.00906 | 0.00906 | 0.008405 | 3.98227 | 3.982271 | 3.981951 | 6.97354 | 6.47432 |
| 51 | USA | United States | 0.00736 | 0.005908 | 0.004372 | -2.41953 | -3.47084 | -2.34782 | - | -1.45226 |
| 52 | VEN | Venezuela | 0.006844 | 0.00872 | 0.007922 | 4.31167 | 3.54123 | 3.44966 | 7.37415 | 7.24138 |
Sources are WHO, PTW 9.1 and author’s calculation. An asterisk * marks the Southern Hemisphere countries