Purpose– The purpose of this paper is to evaluate whether two specific forms of government policy influence entrepreneurship and hence the performance economy as a whole. Performance is measured in terms of living standards and growth therein. The policies are, as follows: higher quality...

This study investigates the impacts of higher quality public regulation of business, as well as greater economic freedom, on growth in the standard of living (as measured by increased per capita real GDP) in OECD nations over the 2003-2007 study period. Using a pooled time-series/cross section...

Traditional tax incidence theory emphasizes that the burden of a specific factor tax is shared by other factors of production. For example, a tax imposed on labor will reduce the quantity of labor hired, increase the capital-to-labor ratio, and reduce interest rates. Thus, owners of capital will...

This study empirically investigates the impact of the federal budget deficit on the nominal interest rate yields on seven and ten year treasury notes over the 1992–2003 period. To measure the budget deficit, the primary budget deficit, which excludes net interest payments by the treasury,...