Effects of Economic Freedom on Growth and the Environment - Implications for Cross-Country Analysis
@inproceedings{Lundstrm2003EffectsOE, title={Effects of Economic Freedom on Growth and the Environment - Implications for Cross-Country Analysis}, author={Susanna Lundstr{\"o}m}, year={2003} }
The purpose of this paper is to discuss the effects of specific economic freedom categories on both economic growth and the environment, and present some important considerations for cross-country regressions. First, there is a survey of arguments for positive as well as negative effects of economic liberalization. Measurement problems are then considered followed by a number of model specification issues. Sensitivity tests and potential econometric problems are also discussed. The main…
5 Citations
Economic freedom and growth: A panel cointegration approach
- Economics
- 2016
This study uses three-country group panel data from 1993 to 2011 in examining the long-run effect of tax burdens (fiscal freedom index) and government regulations of business (business freedom index)…
Economic Freedom, Corruption, and Species Imperilment: A Cross-Country Analysis
- Economics
- 2009
We weave together two strands of the scientific literature: we have been presented with the proposition that economic freedom and corruption are linked to economic prosperity and with the proposition…
Trade freedom and revenue from trade taxes: a cross-country analysis
- Economics
- 2015
Trade liberalization as consequence of gradual abolition of tariff and non-tariff barriers generally leads to the decrease in government tax revenue. In order to estimate the relationship between…
What drives liberal policies in developing countries
- Economics
- 2006
This paper investigates why governments in some developing countries have adopted more liberal policies than others. To construct a composite policy index, the paper applies a robust principal…
References
SHOWING 1-10 OF 93 REFERENCES
Economic Freedom and Growth: Decomposing the Effects
- Economics
- 2002
Most studies of the relation between economic freedom andgrowth of GDP have found a positive relation. One problem inthis area is the choice of economic freedom measure. A singlemeasure does not…
Economic Freedom and Economic Growth: A Short-Run Causal Investigation
- Economics
- 2000
The freedom and growth literature has consistently shown that nations which have fewer restrictions on private agents and transactions tend to higher levels of economic growth. It is less clear,…
A Sensitivity Analysis of Cross-Country Growth Regressions
- Economics
- 1991
A vast amount of literature uses cross-country regressions to find empirical links between policy indicators and long-run average growth rates. The authors study whether the conclusions from existing…
Economic Freedom of the World, 2002
- Economics
- 2005
The Economic Freedom of the World (EFW) annual reports have presented an economic freedom index for a large set of nations around the world. This index is designed to measure the degree to which a…
Openness, Productivity and Growth: What Do We Really Know?
- Economics
- 1997
For over a century social analysts have debated the connection between trade policy and economic performance. This controversy continues today, even as the world is experiencing an unprecedented…
Growth empirics and reality
- Economics
- 2001
This article questions current empirical practice in the study of growth. It argues that much of the modern empirical growth literature is based on assumptions about regressors, residuals, and…
Economic Freedom of the World 2014 Annual Report
- Economics
- 2001
The latest edition of this annual report, published in association with the Institute of Economic Affairs Economic Freedom of the World The index published in Economic Freedom of the World measures…
Where Did All the Growth Go? External Shocks, Social Conflict, and Growth Collapses
- Economics, Political Science
- 1998
This article argues that domestic social conflicts are a key to understanding why growth rates lack persistence and why so many countries have experienced a growth collapse since the mid-1970s. It…