Archive: HAP-RR-GITD-code.zip Length Date Time Name --------- ---------- ----- ---- 468992 2013-04-15 14:45 RR.xls 74159 2013-04-15 11:13 RR-country-csv.zip 13588 2013-04-15 17:47 RR.R 621487 2013-04-15 17:47 RR-basic.dta 244386 2013-04-15 17:47 RR-processed.dta --------- ------- 1422612 5 files RR.xls is our edit of Public_debt-ratios_advanced.xlsx, the Reinhart and Rogoff "working spreadsheet" provided by Carmen Reinhart on 4 April 2013. RR.xls includes only primitive non-derived data from the RR working spreadsheet, i.e., only cells that contain values and not formulas in the RR working spreadsheet. In the RR working spreadsheet there is variation by country and year in which columns hold values and which columns hold formulas. Columns for which at least some values were directly presented include: one or more measures of public debt (Debt, Debt1, Debt2, Debtalt); one or more measures of nominal GDP or GNI (GDP, GDPalt, GDP1, GDP2, GDP2alt, GDP3, GNI); one or more measures of real GDP (RGDP, RGDP1, RGDP2); one or more deflators (GDPI, GDPI1, GDPI2); real GDP growth (dRGDP); public debt/GDP ratio (debtgdp); and inflation (Infl). We deleted a sheet that is labelled Hungary but is in fact a duplicate sheet for France in the RR working spreadsheet and consolidate into one sheet the two sheets that contain Finland data in the RR working spreadsheet. RR-country-csv.zip is an archive which contains all of the individual country sheets from RR.xls saved as comma-separated value (csv) files. RR.R is an R script file that reads the individual country csv files and executes all of the analysis described in Herndon, Ash, and Pollin "Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff". RR-basic.dta is a Stata data file that presents all of the primitive country data in a country-year dataset. The variables are one or more measures of public debt (Debt, Debt1, Debt2, Debtalt); one or more measures of nominal GDP or GNI (GDP, GDPalt, GDP1, GDP2, GDP2alt, GDP3, GNI); one or more measures of real GDP (RGDP, RGDP1, RGDP2); one or more deflators (GDPI, GDPI1, GDPI2); real GDP growth (dRGDP); public debt/GDP ratio (debtgdp); and inflation (Infl). RR-processed.dta is a Stata data file that presents all of the primitive data and data derived from formulas in the RR working spreadsheet in a country-year dataset limited to 1946-2009. Variables are as in RR-basic.dta with the addition of lagged values for the real GDP series and for dRGDP and debtgdp values filled in by formula according to the formulas in the RR working spreadsheet.