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Create scatter plot in stata

22/10/2021 Client: muhammad11 Deadline: 2 Day

Creating Scatter Diagrams And Correlation Matrix Using Stata

Construct a scatterplot, in stata, that shows the relationship between

Economic growth and Gross capital formation (% of GDP) (A measure of Investment)  Economic growth and General government final consumption expenditure (% of GDP)  Economic growth and Trade (% of GDP)  Economic growth and Inflation, consumer prices (annual %)  Economic growth and Foreign direct investment, net inflows (% of GDP)  Economic growth and Population, total  Economic growth and Total natural resources rents (% of GDP)

ASSIGNMENT 7 C – MERGING DATA FILES IN STATA

Download the world development data covering the years 2000-2016 from the website

“http://databank.worldbank.org/data/reports.aspx?source=World-Governance-Indicators” for the

following upper-middle-income countries.

Countries of Interest:

Albania Ecuador Montenegro

Algeria Equatorial Guinea Namibia

American Samoa Fiji Nauru

Argentina Gabon Panama

Azerbaijan Grenada Paraguay

Belarus Guyana Peru

Belize Iran, Islamic Rep. Romania

Bosnia and Herzegovina Iraq Russian Federation

Botswana Jamaica Samoa

Brazil Kazakhstan Serbia

Bulgaria Lebanon South Africa

China Libya St. Lucia

Colombia Macedonia, FYR St. Vincent and the Grenadines

Costa Rica Malaysia Suriname

Croatia Maldives Thailand

Cuba Marshall Islands Tonga

Dominica Mauritius Turkey

Dominican Republic Mexico Turkmenistan Tuvalu Venezuela, RB

Variables of Interest

Control of Corruption: Estimate

Government Effectiveness: Estimate

Political Stability and Absence of Violence/Terrorism:

Estimate

Regulatory Quality: Estimate

Rule of Law: Estimate

Voice and Accountability: Estimate

2

STEP 1 - Download the data from the World-Governance-Indicators database as shown below

STEP 2 - Check the variables of interest

3

Please make sure you are checking the variables with “Estimates”.

TO VIEW THE DEFINITIONS OF THE VARIABLES

4

Step 3 – Select countries of interest

5

Step 4 – Click on “Time” and select the “year range” you are interested in (2000-2016)

6

Step 5 – Click on the “Layout” as shown below

Change the time layout to “Row,” series to “Column” and Country to “Row.”

Next, click on the “apply changes.”

Step 6 – Click on the “Download option” and select “Excel” as shown below

7

STEP 7: Using Excel, Replace the Missing Values With “.” (See previous assignments)

STEP 8: SAVE THE EXCEL DATA FILE ON YOUR COMPUTER PREFERABLY IN A

FOLDER

STEP 9: IMPORT YOUR DATA INTO STATA AND NAME YOUR DATA SET

“WORLD_GOVERNANCE_INDICATORS.” (See previous assignments for steps)

8

STEP 10; RENAME THE VARIABLES AS SHOWN BELOW (See previous assignments for

steps)

Using stata, merge the data set from “ASSIGNMENT 3B” with this dataset

VERY IMPORTANT Note: Merging two datasets requires that both have at least one variable in

common (either string or numeric).

This statement requires that the variable name for “Time” and “Country” should be the same in the two

data set

MERGING THE DATASET FROM “ASSIGNMENT 3” WITH THE DATA FROM THE

WORLD GOVERNANCE INDICATORS

Merging data files in stata

https://www.youtube.com/watch?v=EV-5PztbHs0

https://www.youtube.com/watch?v=Uh7C0mlhB3g&t=54s

https://www.youtube.com/watch?v=2etG_34ODoc

I will strongly encourage you to watch these videos before merging

I will also strongly recommend you read the notes in the link below before you start

merging

https://www.princeton.edu/~otorres/Merge101.pdf

Original Variable Name After Renaming

Control of Corruption: Estimate Corruption

Government Effectiveness: Estimate Gov't_Effectiveness

Political Stability and Absence of Violence/Terrorism: Estimate Political_Stability

Regulatory Quality: Estimate Reg't_Quality

Rule of Law: Estimate Rule_of_Law

Voice and Accountability: Estimate Voice_Accountability

https://www.youtube.com/watch?v=EV-5PztbHs0
https://www.youtube.com/watch?v=Uh7C0mlhB3g&t=54s
https://www.youtube.com/watch?v=2etG_34ODoc
https://www.princeton.edu/~otorres/Merge101.pdf
9

STEP 1 – Open “Assignment 3” dataset in Stata as shown below

10

Remember, the way you have named “Time” and “Country” in Assignment 3 B should be

the same as you have in the “World Governance Indicators”

STEP 2 – Merge “Assignment 3” dataset with the one from the World Governance Indicators

11

Note: Very Important

Key variables; Time Country_id

The key variables must be the same in the two datasets regarding naming.

If “Time” and “Country_id” are named differently in the two dataset, your data will not

merge

12

STEP 3 – Save your new data set and send it to me via blackboard

Answer Format

1. Send me your new data file via blackboard

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