Showing 1 - 10 of 1,354
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those … aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and … general, economic freedom positively influences economic growth in the LDCs. Moreover, most economic freedom factors raise …
Persistent link: https://www.econbiz.de/10014427512
There has been much study of the consequences of economic freedom but, outside of the role of political institutions …, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic … freedom. Our cross-sectional dataset includes 137 countries averaged over the period 2001-2010. Simple correlations show that …
Persistent link: https://www.econbiz.de/10011515355
In this contribution we study the relationship between income inequality and economic freedom for a panel of 100 … economic freedom, while causation does not run in the opposite direction. We argue that the negative effect of inequality on … resources. The elite uses this power to curtail economic freedom to defend its economic interests by discouraging innovation …
Persistent link: https://www.econbiz.de/10011411131
, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding …
Persistent link: https://www.econbiz.de/10011397998
more lenient and child labor thus more prevalent than in countries enjoying political freedom. We test this implication and …
Persistent link: https://www.econbiz.de/10011451064
The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence.Our reading of the literature suggests that formal...
Persistent link: https://www.econbiz.de/10009781532
We investigate regime-dependent Granger causality between real output, inflation and monetary indicators and map with U.S. Fed Chairperson's tenure since 1965. While all monetary indicators have causal predictive content in certain time periods, we report that the Federal Funds rate (FFR) and...
Persistent link: https://www.econbiz.de/10012157284
We assess the impact of China's bilateral political relations with three main trading partners-the US, Germany, and the UK-on current account balances and exchange rates, over the 1960Q1-2022Q4 period. Relying on the lag-augmented VAR approach with time-varying Granger causality tests, we find...
Persistent link: https://www.econbiz.de/10014443830
This paper explores the dynamics of press freedom around events that threaten or oust the incumbent regime of a country …. While democracies on average grant the press more freedom, our theoretical starting point is that democracies and … government. We estimate the dynamics of press freedom around both failed and successful coups and find that although press …
Persistent link: https://www.econbiz.de/10011892537
This study examines the contingency and threshold effects of economic freedom in the economic globalisation (EG) and …
Persistent link: https://www.econbiz.de/10014292764