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We examine the empirical relationship between the institutions of economic freedom and labor shares in a panel up to 93 countries covering 1970 through 2009. We find that a standard deviation increase in the Fraser Institute's Economic Freedom of the World (EFW) score is associated about 1/3...
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A large literature has found positive associations between economic freedom and income, growth, and a variety of other desirable outcomes. This paper surveys the literature that seeks to explain the causes of economic freedom. Some of the most consistent findings in this literature are that...
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This paper uses newly gathered and available data and autoregressive methods to create an economic freedom index for the 1950s and 1960s for up to 95 countries. This index is designed to be as compatible as possible with the Economic Freedom of the World (EFW) index published annually by the...
Persistent link: https://www.econbiz.de/10012978506
The U.S. government requires most foreigners to obtain a travel visa if they wish to travel to America. The purported rationale for this requirement is to prevent unauthorized immigrants, terrorists, and other foreign-originated security threats from coming into the country disguised as...
Persistent link: https://www.econbiz.de/10013046866
Gross receipts taxes are essentially a type of sales tax, but they're levied at each stage of a good's production rather than just at the final sale to consumers. Eight states — Alabama, Delaware, Florida, New Mexico, Ohio, Pennsylvania, Texas, and Washington — use gross receipts taxes....
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The economics literature generally finds a positive, but small, gain in income to native-born populations from immigrants and potentially large gains in world incomes. But immigrants can also impact a recipient nation's institutions. A growing empirical literature supports the importance of...
Persistent link: https://www.econbiz.de/10013032864
The latest edition of this annual report, published in association with the Institute of Economic AffairsEconomic Freedom of the WorldThe index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom....
Persistent link: https://www.econbiz.de/10013212471