Economic freedom, per capita income and economic growth
Based on cross-section data, this paper explores the relationship between economic freedom and the economic performance of low, middle and high income countries. The regression results show that there is a direct relationship between the economic freedom index and per capita income in low income countries and all countries as a whole. The evidence also indicates that there is a direct relationship between the economic freedom index and the growth rate of per capita income in high income countries and all countries as a whole.
Year of publication: |
1996
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Authors: | Islam, Sadequl |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 3.1996, 9, p. 595-597
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Publisher: |
Taylor & Francis Journals |
Saved in:
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