How robust is the relationship between economic freedom and economic growth?

Jan‐Egbert Sturm · Jakob de Haan

103 citations0/0 files storedApplied Economics

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Corruption and Economic Development Economic Growth and Productivity Economic Growth and Development

Abstract

Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to growth.

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References

1997I Just Ran Four Million Regressions 2000On the relationship between economic freedom and economic growth 1996Economic freedom of the world, 1975-1995 2000Does central bank independence really matter?1998Further evidence on the relationship between economic freedom and economic growth 1998Democracy, Economic Freedom, Fiscal Policy, and Growth in LDCs: A Fresh Look 1994Freedom and growth: Do constitutions matter?2005Annual World Bank Conference on Development Economics 2005

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