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What is Economic Freedoms and Real Income Impact about?

This article investigates the relationship between various measures of economic freedom and per capita real income levels in OECD countries from 2003 to 2006. Using panel least squares estimations in a fixed-effects model, the study finds that per capita real income is positively associated with business freedom, freedom from corruption, investment freedom, monetary freedom, government size freedom, trade freedom, and property rights freedom. However, fiscal freedom, labor freedom, and financial freedom do

Author

Americo Sanchez Cerro Medina

Language

EN