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Property Rights, Trade, and the Quality of Life: A Cross-Sectional Analysis Using Alternative Measures

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Author Info
Nathan J. Ashby (Department of Economics, West Virginia University)

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Abstract

The effect that the components of the Economic Freedom of the World Index (Gwartney, Lawson, and Block, 2004) have on alternative measurements of well being is investigated. The objective is to observe the effect of trade policies and property rights on the quality of life using the Human Development Index (UNDP, 1995) and the Index of Human Progress (Emes and Hahn, 2001). Positive results are found with regard to the effect of property rights, free trade, and limited regulation on the quality of life. The results for property rights are robust.

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File URL: http://www.be.wvu.edu/div/econ//work/pdf_files/05-14.pdf
File Format: application/pdf
File Function: First version, September 18, 2005
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Publisher Info
Paper provided by Department of Economics, West Virginia University in its series Working Papers with number 05-14.

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Length: 36 pages
Date of creation: 2005
Date of revision:
Handle: RePEc:wvu:wpaper:05-14

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Find related papers by JEL classification:
H10 - Public Economics - - Structure and Scope of Government - - - General
F10 - International Economics - - Trade - - - General
P00 - Economic Systems - - General - - - General
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights

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This page was last updated on 2009-11-20.

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