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How Robust is the Relationship between Economic Freedom and Economic Growth?

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Author Info
Sturm, Jan-Egbert
de Haan, Jakob

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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. Copyright 2001 by Taylor and Francis Group

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Article provided by Taylor and Francis Journals in its journal Applied Economics.

Volume (Year): 33 (2001)
Issue (Month): 7 (June)
Pages: 839-44
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Handle: RePEc:taf:applec:v:33:y:2001:i:7:p:839-44

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  1. Aidt, T.S. & Gassebner, M., 2007. "Do Autocratic States Trade Less?," Cambridge Working Papers in Economics 0742, Faculty of Economics, University of Cambridge. [Downloadable!]
    Other versions:
  2. Kimlong Chheng, 2005. "How Do Economic Freedom and Investment Affect Economic Growth?," Macroeconomics 0509021, EconWPA. [Downloadable!]
  3. Lundström, Susanna, 2002. "Decomposed Effects of Democracy on Economic Freedom," Working Papers in Economics 74, Göteborg University, Department of Economics. [Downloadable!]
  4. Berggren, Niclas & Jordahl, Henrik, 2003. "Does Free Trade Really Reduce Growth? Further Testing Using the Economic Freedom Index," Working Paper Series 2003:26, Uppsala University, Department of Economics. [Downloadable!]
    Other versions:
  5. Finger, Robert & Hediger, Werner, 2007. "The Application of Robust Regression to a Production Function Comparison – the Example of Swiss Corn," MPRA Paper 4740, University Library of Munich, Germany. [Downloadable!]
  6. Lundström, Susanna, 2003. "Effects of Economic Freedom on Growth and the Environment - Implications for Cross-Country Analysis," Working Papers in Economics 115, Göteborg University, Department of Economics. [Downloadable!]
  7. Sturm, Jan-Egbert & Haan, Jakob de, 2000. "No Need to Run Millions of Regressions," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
  8. Eric Crampton, 2002. "You Get What You Vote For: Electoral Determinants of Economic Freedom," Public Economics 0211003, EconWPA. [Downloadable!]
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