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The European Union and Economic Freedom

Listed author(s):
  • Hall Joshua C.

    ()

    (Beloit College)

  • Lawson Robert A.

    ()

    (Southern Methodist University)

  • Wogsland Rachael

    ()

    (Beloit College)

This paper integrates two growing strains of literature. The first strain looks at the effect of economic and political unions on outcomes such as bond ratings and economic convergence. The second strain looks at the determinants of economic freedom across countries. Building from these two literatures, we investigate the impact of joining the European Union on a countrys economic freedom. Using a panel of countries from 1970 to 2007, we find evidence that joining the European Union increases a countrys economic freedom. Empirically, however, the impact of joining the union on economic freedom is small.

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File URL: https://www.degruyter.com/view/j/gej.2011.11.issue-3/1524-5861.1731/1524-5861.1731.xml?format=INT
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Article provided by De Gruyter in its journal Global Economy Journal.

Volume (Year): 11 (2011)
Issue (Month): 3 (September)
Pages: 1-16

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Handle: RePEc:bpj:glecon:v:11:y:2011:i:3:n:7
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  1. Roberta De Santis & Claudio Vicarelli, 2007. "The “deeper” and the “wider” EU strategies of trade integration.An empirical evaluation of EU Common Commercial Policy effects," ISAE Working Papers 79, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
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  9. Eric Crampton, 2002. "You Get What You Vote For : Voter Preferences and Economic Freedom," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 18(Fall 2002), pages 29-56.
  10. Alberto F. Ades & Edward L. Glaeser, 1999. "Evidence on Growth, Increasing Returns, and the Extent of the Market," The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 1025-1045.
  11. Christian Bjørnskov & Nicolai J. Foss, 2006. "Economic Freedom and entrepreneurial Activity Some Cross-Country Evidence," DRUID Working Papers 06-18, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  12. Alfredo Esposto & Peter Zaleski, 1999. "Economic Freedom and the Quality of Life: An Empirical Analysis," Constitutional Political Economy, Springer, vol. 10(2), pages 185-197, June.
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  16. Peridy Nicolas J, 2006. "Welfare Magnets, Border Effects or Policy Regulations: What Determinants Drive Migration Flows into the EU?," Global Economy Journal, De Gruyter, vol. 6(4), pages 1-34, November.
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