Economic Freedom, Government Policy and the Trade-Off between Equity and Economic Growth
This study investigates the role that economic freedom plays in economic growth and in the distribution in market income, the role of government policy in advancing economic progress and in promoting income equality, and the effect that the rate of economic progress has on the distribution of market income. Structural and reduced form models are estimated that reveal that economic freedom promotes both economic growth and equity, and that there is a positive but relatively small trade-off between growth and income inequality. Copyright 2002 by Kluwer Academic Publishers
When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:113:y:2002:i:1-2:p:77-96. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.