The components of economic freedom, income and growth: an empirical analysis

Corbi, Raphael

doi:10.1590/s0101-41612007000300003

Cited by 13 publications

(8 citation statements)

References 5 publications

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“…HFEFI kapsamında, ekonomik özgürlük bileşenlerinin birbirlerini tamamlayıcı özelliğe sahiptir. Bu kapsamda ülkeler, ekonomik özgürlük bileşenleri arasında pozitif yönlü, anlamlı ve yüksek ilişkiler olmasına yönelik faaliyetler oluşturmasıyla kendi ekonomik özgürlük performanslarının artırmalarına neden olabilecektir (Corbi, 2007;Kutbay, 2020, s. 304;Miller ve diğerleri, s. 501…”

Section: Skorunclassified

Ekonomik Özgürlük Bileşenleri Arasındaki İlişkilerin Çok Boyutlu Ölçekleme Analizi ile Değerlendirilmesi

Altıntaş¹

2021

İnsan Ve Toplum Bilimleri Araştırmaları Dergisi

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Section: Skorunclassified

Ekonomik Özgürlük Bileşenleri Arasındaki İlişkilerin Çok Boyutlu Ölçekleme Analizi ile Değerlendirilmesi

Altıntaş¹

2021

İnsan Ve Toplum Bilimleri Araştırmaları Dergisi

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“…The author suggests that to increase economic freedom in developing countries, it is important to reduce unnecessary regulations. Furthermore, Corbi (2007) declares that, in particular, countries with low levels of income are the ones that grow rapidly when their policies encourage economic freedom, which is of high importance for achieving prosperity [61].…”

Section: Economic Freedom and Developmentmentioning

confidence: 99%

The Impact of Corruption, Economic Freedom and Urbanization on Economic Development: Western Balkans versus EU-27

et al. 2020

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The topic of economic development has been addressed in recent decades from more and more points of view in order to identify the factors with significant impact on this phenomenon. Identifying the factors and measuring their impact on economic development are essential starting points for adopting the necessary public policies. Similar types of research for the Western Balkan countries and comparative analyses between the Western Balkans and the European Union countries are limited in number. Hence, the main purpose of this paper is to empirically test the impact of corruption, economic freedom, and urbanization on the economic development for both the Western Balkan countries and the EU countries for the period 2009–2018 to provide a comparative analysis for these two groups. The corruption perception index, economic freedom index, and urban population growth are chosen as independent variables, whereas the dependent variable of the human development index (HDI) represents economic development. Using the Random Effects model, which falls under the Panel Generalized Least Square method, the empirical analysis suggests that corruption has a negative impact on economic development, while economic freedom and urbanization have a positive impact on the economic development for both groups of countries. However, the impact of corruption is more destructive in the Western Balkans, and they appear to benefit more from economic freedom and urbanization as compared to the EU countries. Whether the impact of the chosen independent variables is restricted to any component of the HDI in particular is left open for further studies in the future, though the results of this paper are highly significant and in accordance with the reviewed literature.

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“…Economic freedom highlights the major six areas of study (1) security of property rights (2) freedom to engage in voluntary transactions (3) access to sound money (4) freedom to engage in transaction outsides the borders (5) freedom to compete for (6) personal choice [31]. And according to Corbi [32] economic freedom is the protection of property rights, personal choice, and competition in the market. Spruk and Kešeljević [26] stated that there are vast numbers of research works and similarly found that economic freedom has a positive association to well being.…”

Section: Economic Freedom and Happinessmentioning

confidence: 99%

The Impact of Economic Freedom on Creating Happiness and Inequality: International Evidences

Roka

2020

SAJSSE

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It is remaining a big question in happiness economics, what is the common motto of human beings? What human beings want to achieve? Are these, money, good job, position, power, peace, good living condition, good health, good family, good environment and what others? All researchers from different disciplines are investigating to solve this economic problem and Most of the researchers agreed that happiness is the common aim of everyone in the world. The paper entitled “Does Economic Freedom Create Happiness or Inequality?” is estimated the effect of economic freedom on happiness by using other control variables like Gross Domestic Product growth, per capita and inequality. The paper analyzed the panel data covering 120 countries from 2008 to 2016. The fixed and random effect, the Generalized Least Squares, First in Difference and Linear Dynamic Panel Data/generalized method of moments estimation method are applied as the econometric strategies in this paper. The results found that the statistically significant and strong linear positive association between economic freedom and happiness in overall sampled countries and also found the positive linear association between income with happiness and a negative association between economic freedom and inequality and inequality and happiness.

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The components of economic freedom, income and growth: an empirical analysis

Abstract: Resumo

Cited by 13 publications

References 5 publications

Ekonomik Özgürlük Bileşenleri Arasındaki İlişkilerin Çok Boyutlu Ölçekleme Analizi ile Değerlendirilmesi

Ekonomik Özgürlük Bileşenleri Arasındaki İlişkilerin Çok Boyutlu Ölçekleme Analizi ile Değerlendirilmesi

The Impact of Corruption, Economic Freedom and Urbanization on Economic Development: Western Balkans versus EU-27

The Impact of Economic Freedom on Creating Happiness and Inequality: International Evidences

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