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Economic Freedom Studies at the State Level: A Survey

Author

Listed:
  • Joshua C. Hall

    (West Virginia University, College of Business and Economics)

  • Dean Stansel

    (Florida Gulf Coast University, Lutgert College of Business)

  • Danko Tarabar

    (West Virginia University, College of Business and Economics)

Abstract

This chapter synthesizes and elaborates on much of the existing research using the Economic Freedom of North America (EFNA) index. Our consensus after reading this literature is that the EFNA index, similarly to the Economic Freedom of the World (EFW) index, is largely positively related with “good†outcomes, and negatively related with “bad†ones, although there are a few exceptions. The literature using the EFNA is growing rapidly and can provide a useful guide towards future policy changes and economic outcomes.

Suggested Citation

  • Joshua C. Hall & Dean Stansel & Danko Tarabar, 2015. "Economic Freedom Studies at the State Level: A Survey," Working Papers 15-07, Department of Economics, West Virginia University.
    • Handle: RePEc:wvu:wpaper:15-07
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    File URL: http://busecon.wvu.edu/phd_economics/pdf/15-07.pdf
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    References listed on IDEAS

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    Cited by:

    1. John Dove & Daniel Sutter, 2018. "Is There a Tradeoff Between Economic Development Incentives and Economic Freedom? Evidence from the US States," The Review of Regional Studies, Southern Regional Science Association, vol. 48(1), pages 55-69, Spring.
    2. Bennett, Daniel L. & Long, Jason T., 2019. "Is it the economic policy, stupid? Economic policy, political parties & the gubernatorial incumbent advantage," European Journal of Political Economy, Elsevier, vol. 58(C), pages 118-137.
    3. Raymond J. March & Conrad Lyford & Benjamin Powell, 2017. "Causes and barriers to increases in economic freedom," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(1), pages 87-103, March.
    4. Daniel L. Bennet, 2016. "Subnational Economic Freedom and Performance in the United States and Canada," Cato Journal, Cato Journal, Cato Institute, vol. 36(1), pages 165-185, Winter.
    5. R. Warren Anderson, 2018. "The Detroit Discontinuity," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 35(3), pages 167-184, September.
    6. Joshua C. Hall & Brad R. Humphreys & Jane E. Ruseski, 2015. "Economic Freedom, Race, and Health Disparities: Evidence from US States," Working Papers 15-43, Department of Economics, West Virginia University.
    7. José Manuel Cabello & Francisco Ruiz & Blanca Pérez-Gladish, 2021. "An Alternative Aggregation Process for Composite Indexes: An Application to the Heritage Foundation Economic Freedom Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(2), pages 443-467, January.
    8. Joshua C. Hall & Brad R. Humphreys & Jane E. Ruseski, 2018. "Economic Freedom and Exercise: Evidence from State Outcomes," Southern Economic Journal, John Wiley & Sons, vol. 84(4), pages 1050-1066, April.
    9. Joshua C. Hall & Brad R. Humphreys & Jane E. Ruseski, 2015. "Economic Freedom and Participation in Physical Activity," Working Papers 15-17, Department of Economics, West Virginia University.
    10. Daniel L. Bennett, 2021. "Local economic freedom and creative destruction in America," Small Business Economics, Springer, vol. 56(1), pages 333-353, January.

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