Publikation:

Market oriented institutions and policies and economic growth : a critical survey

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TWI_res05.pdf
TWI_res05.pdfGröße: 1.03 MBDownloads: 2162

Datum

2005

Autor:innen

Haan, Jakob de
Lundström, Susanna
Sturm, Jan-Egbert

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http://nbn-resolving.de/urn:nbn:de:bsz:352-opus-16540
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Urheberrechtlich geschützt

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Open Access-Veröffentlichung
Open Access Green

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Wirtschaftswissenschaften: Publikationen
Core Facility der Universität Konstanz

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Titel in einer weiteren Sprache

Publikationstyp
Working Paper/Technical Report
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Published

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Zusammenfassung

This paper surveys recent evidence suggesting that market-oriented institutions and policies are strongly related to economic growth, focusing on studies using the economic freedom indicator of the Fraser Institute. This index is critically discussed. Also various serious shortcomings of empirical studies using this index are identified. Nevertheless there are strong indications that liberalization, i.e. an increase in the economic freedom index, stimulates economic growth. The paper also reviews studies on the determinants of economic freedom. Political liberalization is often found to enhance economic liberalization, while there is less evidence for causality running in the other direction.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

liberalization, economic freedom, economic growth

Konferenz

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undefined / . - undefined, undefined

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ISO 690HAAN, Jakob de, Susanna LUNDSTRÖM, Jan-Egbert STURM, 2005. Market oriented institutions and policies and economic growth : a critical survey
BibTex
@techreport{Haan2005Marke-12002,
  year={2005},
  series={Research paper series / Thurgauer Wirtschaftsinstitut},
  title={Market oriented institutions and policies and economic growth : a critical survey},
  number={5},
  author={Haan, Jakob de and Lundström, Susanna and Sturm, Jan-Egbert}
}
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