How Robust is the Relationship between Economic Freedom and Economic Growth?
Posted: 2 Nov 2000
Abstract
Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to economic growth.
JEL Classification: O11, O47, P51
Suggested Citation: Suggested Citation
Sturm, Jan-Egbert and de Haan, Jakob, How Robust is the Relationship between Economic Freedom and Economic Growth?. Available at SSRN: https://ssrn.com/abstract=246456
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