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Property Rights, Trade, And The Quality Of Life: A Cross-Sectional Analysis Using Alternative Measures

  • Nathan J. Ashby

    (Department of Economics, West Virginia University)

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/phd_economics/pdf/05-14.pdf
File Function: First version, 2005
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Paper provided by Department of Economics, West Virginia University in its series Working Papers with number 05-14 Classification- JEL: H100, F100, P00, O340.

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Length: 36 pages
Date of creation: 2005
Date of revision:
Handle: RePEc:wvu:wpaper:05-14
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Web page: http://www.be.wvu.edu/phd_economics/
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  1. Seth W. Norton, 2003. "Economic Institutions and Human Well-Being: A Cross-National Analysis," Eastern Economic Journal, Eastern Economic Association, vol. 29(1), pages 23-40, Winter.
  2. Seth W. Norton, 1998. "Poverty, Property Rights, and Human Well-Being: A Cross-National Study," Cato Journal, Cato Journal, Cato Institute, vol. 18(2), pages 233-245, Fall.
  3. repec:cto:journl:v:18:y:1998:i:2:p: is not listed on IDEAS
  4. Berggren, Niclas, 1999. " Economic Freedom and Equality: Friends or Foes?," Public Choice, Springer, vol. 100(3-4), pages 203-23, September.
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