This paper seeks to quantify the functioning costs of Mexican property and contract law system for the sub-national panel of Mexican States and Mexico City and examine the respective effects of such increasing costs on sub-national paths of economic growth. Paper identifies a persistent negative...

In this paper, we revisit the relationship between economic freedom and growth across 407 German districts (Kreise). We build six indicators of economic freedom and cluster them into categories reflecting tax rates and size of the government and public sector. Exploiting the variation in the...

We exploit the cross-country differences in economic freedom to examine the link between the quality of institutions and subjective well-being. Using Veenhoven's happiness dataset, the evidence suggests countries with better economic institutions and higher level of economic freedom, captured by...