GROWTH, INEQUALITY, AND ECONOMIC FREEDOM: EVIDENCE FROM THE <scp>U.S.</scp> STATES

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“…There are, however, studies on other aspects of U.S. economic growth (see Bjørnskov ; Goel, Payne, and Ram ; Jerzmanowski ; Panizza ; Wiseman ).…”

mentioning

confidence: 99%

Growth in the Shadows: Effect of the Shadow Economy on U.S. Economic Growth Over More Than a Century

Goel

Saunoris

Schneider

2018

Contemporary Economic Policy

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“…Indeed, Duca and Saving (2017) find that the greater income inequality has been driving the increased political polarization along with media fragmentation in the United States. Bjørnskov (2017) claims income inequality affects economic growth differently if the economic institutions measured by economic freedom vary, and this may further shape the political outcomes.…”

Section: Income Inequality and Party Alternation In The United Statesmentioning

confidence: 99%

Income inequality and party alternation: State‐level evidence from the United States

Calcagno,

Marsella,

Zhou

2024

Contemporary Economic Policy

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Using multiple measures of income inequality and political party alternation for US states we examine panel data from 1971 to 2015 to test whether income inequality affects party alternation for governors. We test various measures of party alternation at the state level. The evidence suggests that income inequality increases party alternation and has a nonlinear relationship with gubernatorial‐party alternation. Income inequality backlash is more evident for Republicans and favors Democrats when inequality is high, with the opposite being true. Results vary with the choice of inequality and party alternation measures, which suggests income inequality for states should be further examined.

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“…For instance, post materialists value individualism and autonomy. Gorodnichenko and Roland (2011;2017) provide sets of findings for a cross-section of countries showing that individualism constitutes the main cultural driver of long run growth, innovation and total factor productivity. Another example can be found in findings showing that individualism and self-expression exercise positive effects on social trust (Welzel, 2010) and social capital (Allik and Realo, 2004).…”

Section: Post Materialismmentioning

confidence: 99%

“…The majority of these studies identify clear positive effects on economic growth (de Haan et al, 2006;Hall & Lawson, 2014). The importance of economic freedom is further indicated by growing evidence that it also impacts other types of economic behaviours and outcomes, including entrepreneurship (Nyström, 2008) income inequality (Berg & Nilsson, 2010;Bjørnskov, 2017) and well-being (Pitlik et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

Economic Freedom, Post Materialism and Economic Growth

Jordaan

2023

Preprint

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GROWTH, INEQUALITY, AND ECONOMIC FREEDOM: EVIDENCE FROM THE U.S. STATES

Cited by 20 publications

References 56 publications

Growth in the Shadows: Effect of the Shadow Economy on U.S. Economic Growth Over More Than a Century

Growth in the Shadows: Effect of the Shadow Economy on U.S. Economic Growth Over More Than a Century

Income inequality and party alternation: State‐level evidence from the United States

Economic Freedom, Post Materialism and Economic Growth

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