AN EMPIRICAL ANALYSIS OF ECONOMIC FREEDOM-GDP GROWTH RELATIONSHIP Cover Image

O ANALIZĂ EMPIRICĂ A RELAŢIEI DINTRE LIBERTATEA ECONOMICĂ ŞI CREŞTEREA ECONOMICĂ
AN EMPIRICAL ANALYSIS OF ECONOMIC FREEDOM-GDP GROWTH RELATIONSHIP

Author(s): Mihaela-Daciana Boloş, Brăduţ-Vasile Boloş
Subject(s): Supranational / Global Economy, Economic policy, Economic development, Inter-Ethnic Relations
Published by: Editura University Press Targu Mures
Keywords: Economic freedom; economic growth; economic policies;

Summary/Abstract: We analyze the strength of the relationship between economic freedom, measured using Economic Freedom Index and economic growth, measured using GDP growth over a 12 years' time frame in three countries. The relationship between the two variables is measured using correlation. The study results suggest the relationship is very weak, which does not comply to previous research results.

  • Issue Year: 9/2015
  • Issue No: 9
  • Page Range: 39-54
  • Page Count: 16
  • Language: English, Romanian