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Economic freedom and social capital


  • Jeremy Jackson
  • Art Carden
  • Compton


This article brings together two growing literatures, social capital and economic freedom, to examine whether economic freedom contributes to social capital. More specifically, using US state-level data from 1986 to 2004 and both OLS and System GMM dynamic panel estimation, we find that there is no clear trade-off between economic freedom and either the level or growth of social capital.

Suggested Citation

  • Jeremy Jackson & Art Carden & Compton, 2015. "Economic freedom and social capital," Applied Economics, Taylor & Francis Journals, vol. 47(54), pages 5853-5867, November.
  • Handle: RePEc:taf:applec:v:47:y:2015:i:54:p:5853-5867
    DOI: 10.1080/00036846.2015.1058912

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    Cited by:

    1. Jeremy Jackson, 2017. "Free to Be Happy: Economic Freedom and Happiness in US States," Journal of Happiness Studies, Springer, vol. 18(4), pages 1207-1229, August.
    2. Ryan H. Murphy, 2019. "The state economic modernity index: an index of state building, state size and scope, and state economic power," Economics of Governance, Springer, vol. 20(1), pages 73-101, March.
    3. Jeremy Horpedahl & Jeremy Jackson & David Mitchell, 2019. "Is Economic Freedom the Hidden Path to Social Justice?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 34(Winter 20), pages 55-74.

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