Study Tsai (2009): study ZZ World samples 1990
- Public
- 18+ aged, 76 countries, 1990s
- Survey name
- INT-WorldValuesSurvey 1-3
- Sample
- Respondents
- N = 80000
- Non Response
- Assessment
- Interview: face-to-face
Correlate
- Authors's Label
- Change in openness dummy
- Our Classification
-
-
- Remarks
- Source: Wacziarg and Welch (2003)
- Operationalization
- 0: Always closed economy
1: Other
a: Closed to open economy
b: Always open economy
A country is classified as open if it displays ALL of the following characteristics:
(1) average tariff rates of 40% of more
(2) nontariff barriers covering 40% or more of trade
(3) a black market exchange rate that is depreciated by 20% or more relative to official exchange rate
(4) a state monopoly on major exports
(5) a socialist economic system.
Observed Relation with Happiness
CLOSED TO OPEN ECONOMY
-GNI per capita
-GDP growth rate
-inflation
-Militarism index
-Latin America dummy