Data to test IDP for agriculture in developing countries

The data has variables capturing net outward foreign direct investment per capita, gross domestic product per capita and trade openness for agriculture in developing countries. The other variables are the official exchange rate, gross secondary school enrolment in per cent and inflation measured as per cent of CPI growth. These are for the total economy.    

Net outward foreign direct investment per capita (NOFDIPC) was constructed as outward foreign direct investment less inward foreign direct investment for agriculture, forestry and fishing. The sum is divided by the population of both sexes. The foreign direct investment and population data were obtained from FAOSTAT (https://www.fao.org/faostat/en/#data/FDI; https://www.fao.org/faostat/en/#data/OA). The gross domestic product per capita (GDPPC) was computed as agricultural value added divided by the population. Agricultural value added was also obtained from FAOSTAT (https://www.fao.org/faostat/en/#data/MK). Trade openness (AGTO) was computed as agricultural exports plus imports divided by agricultural value added. The exports and imports were obtained from FAOSTAT (https://www.fao.org/faostat/en/#data/TCL). Others; official exchange rate (EXRATE), gross secondary school enrolment in per cent  (HC) and inflation measured as per cent of CPI growth (INFLA) were drawn from the world development indicators database of the World Bank (https://databank.worldbank.org/source/world-development-indicators#).