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This study empirically investigates the impacts of central government budget deficits and economic freedom on per capita real economic growth in OECD nations over the period 2003–2008. Economic growth is measured by the percentage growth rate of purchasing-power-parity adjusted real per capita...
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The issue of environmental sustainability is a controversial and extremely diverse multi-faceted topic that ranges from questions as to how to ensure that adequate investment in energy R&D and infrastructure will be undertaken, to state level renewable portfolio standards, to the impact of...
Persistent link: https://www.econbiz.de/10011107527
This study empirically investigates three hypotheses. The first is that higher levels of economic freedom in an economy promote a higher growth rate of economic activity and hence yield a higher growth rate of per capita real GDP in that economy. The second hypothesis is that higher quality...
Persistent link: https://www.econbiz.de/10011107617
This study of the impacts of economic freedom, regulatory quality, and the relative burden of taxation on the level of per capita real income/GDP among OECD nations over the 2003-2007 period adopts a modified version of the overall economic freedom index computed by The Heritage Foundation...
Persistent link: https://www.econbiz.de/10011109481
This exploratory study investigates the hypothesis that higher levels of economic freedom in an “economic region” promote a higher level of economic activity and hence yield higher levels of per capita real income in that economic region, ceteris paribus. However, in the pursuit of a broader...
Persistent link: https://www.econbiz.de/10011109849
Economic freedom increases market efficiency, growth, development, and individual prosperity. This study empirically investigates whether higher levels of economic freedom, as well as higher levels of personal freedom, act like magnets for persons residing in a free society to move. In other...
Persistent link: https://www.econbiz.de/10011111010
Typically, the greater the degree of economic freedom, the more successfully and efficiently markets perform and the greater the prosperity created through private enterprise. These outcomes from greater freedom accelerate economic growth, which in turn creates opportunities for yet further...
Persistent link: https://www.econbiz.de/10011111638