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Description of variables and data sources Code Variable Description Source Fragility Binary variable assuming value 1 for IDA countries in the bottom two CPIA quintiles or without a CPIA rating, 0 otherwise World Bank and Baliamoune-Lutz (2009) extreme Extreme fragility Binary variable assuming value 1 for IDA countries in the bottom CPIA quintile or without a CPIA rating, 0 otherwise World Bank and Baliamoune-Lutz (2009) l_rgdppc pcGDP (log) Real per-capita GDP (log) Penn World Table 6.2 grrgdppc pcGDP growth Annual growth rate of real per-capita GDP Penn World Table 6.2 invest Investment Investment over real GDP Penn World Table 6.2 diamond Natural resources Number of diamond deposits frgst2q9907 UCDP/PRIO Geographical and Resource Datasets World Bank Education Statistics 5.3 Primary enrollment Government expenditures Primary enrollment over official school age population Government expenditures over real GDP tottradepwt Trade Sum of import and export over real GDP Penn World Table 6.2 inflimf Inflation Consumer price index International Monetary Fund lifeexp Life expectancy Number of years of life expectancy at birth Banks (2001) l_fertrate Fertility rate (log) Number of children per woman (log) male1424 Youth bulge enrollprim governm ethnicfract civliber Ethnic fractionalization Civil liberties restrictions Males aged 14 to 24 over population Penn World Table 6.2 World Bank (2010) World Bank (2010) Ethnic fractionalization index Alesina et al. (2003) Civil liberties index Freedom House (2008) Banks (2001) rev Revolutions Number of revolutions rev9200 Instrument for Revolutions confln Conflicts ukcol British colony Number of revolutions in 1992 and 2000 Number of years under armed conflicts Binary variable assuming value 1 for former British colonies, 0 otherwise 1 Banks (2001) UCDP/PRIO Armed Conflict Dataset African Research Program frenchcol French colony portugcol Portuguese colony polstat Political status Binary variable assuming value 1 for former French colonies, 0 otherwise Binary variable assuming value 1 for former Portuguese colonies, 0 otherwise Categorical variable assuming value 2 for colonies, 1 for dependencies, and 0 for independent countries latitude Latitude Absolute value of latitude landlock Landlocked Binary variable assuming value 1 for countries with no access to the sea, 0 otherwise nbhd Fragile neighbor Binary variable assuming value 1 for countries with one or more fragile neighboring countries, 0 otherwise kkgoverneffect Government effectiveness Government effectiveness index kkrulelaw Rule of law Rule of law index kkvoiceaccount Voice and accountability Voice and accountability index African Research Program African Research Program Bertocchi & Canova (2002) Center for International Development and The World Factbook 2008 Center for International Development World Bank and Baliamoune-Lutz (2009) Worldwide Governance Indicators (2009) Worldwide Governance Indicators (2009) Worldwide Governance Indicators (2009) Panel dataset. The panel is composed of two cross-sections over the 1992–99 and the 2000–07 subperiods. Le variables frgst2q9907 and extreme are the values of the fragility dummy and of the extreme fragility dummy in 1999 and 2007, i.e., in the final year of each cross-section. For the other variables, when we have yearly information we consider their average value in 1992–99 and 2000–07, respectively. Exceptions are male1424 for which we enter the initial value in 1992 and 2000 respectively, and confln for which we enter the number of years under conflict within each subperiod, i.e., within 1992–99 and 2000–07 respectively. 2