Albania
Figure B.2: Countries Dropped From Main Data Set 21 Observations
Angola Oman
Bhutan Palau
Bosnia and Herzegovina Papua New Guinea
Burundi Puerto Rico
Central African Republic Samoa
Congo, Dem. Rep. (Zaire) Serbia Montenegro
Kiribati Solomon Islands
Macedonia Taiwan
Maldives Tonga
Marshall Islands Vanuatu
Micronesia, Fed
The countries listed above are those observations which had to be dropped from the main data set because information was unavailable for one or more of the explanatory variables in both 2000 and 2005. Fortunately, there are not many observations that had to be dropped initially, making the problem of inadvertent bias highly unlikely.
Figure B.3: Countries Dropped for Test Data Set 35 Observations
The countries listed above are those which had to be dropped for the test data set due to the lack of data points in the information
complied by the Fraser Institute. The loss of so many countries from the data set appears to bias the data, as seen in the altered correlation coefficients in Figure A.4 as compared to those in A.3 (from countries using the same measurement, just a different number of observations).
Albania Lesotho
Algeria Madagascar
Syrian Arab Republic Mali
Armenia Mauritania
Figure B.4: Classifications for Part V Results
Restrictive Business Environment
Albania Dominican Republic Lebanon Romania
Algeria Ecuador Lesotho Russia
Argentina Egypt Madagascar Rwanda
Armenia El Salvador Malawi Saudi Arabia
Azerbaijan Ethiopia Malaysia Senegal
Bangladesh Fiji Mali Sierra Leone
Belarus Georgia Mauritania South Africa
Benin Ghana Mexico Sri Lanka
Bolivia Guatemala Moldova Syria
Botswana Guinea Mongolia Tanzania
Brazil Haiti Morocco Thailand
Bulgaria Honduras Mozambique Togo
Burkina Faso India Namibia Tunisia
Cambodia Indonesia Nepal Turkey
Cameroon Iran Nicaragua Uganda
Chad Italy Niger Ukraine
China Jamaica Nigeria Uzbekistan
Colombia Jordon Pakistan Venezuela
Congo, Rep. Kazakhstan Panama Vietnam
Costa Rica Kenya Paraguay Yemen
Cote d'Ivoire Kyrgyz Republic Peru Zambia
Croatia Lao PDR Philippines Zimbabwe
Australia France Kuwait Slovak Republic
Austria Germany Latvia Slovenia
Belgium Greece Lithuania Spain
Canada Hong Kong, China Netherlands Sweden
Chile Hungary New Zealand Switzerland
Czech Republic Ireland Norway United Arab Emirates
Denmark Israel Poland United Kingdom
Estonia Japan Portugal United States
Finland Korea, Republic Singapore Uruguay
Conducive Business Environment
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