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On the relationship between economic freedom and economic growth

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  • de Haan, Jakob
  • Sturm, Jan-Egbert
Abstract
Often it is maintained that economic freedom may further high levels of economic growth. This paper compares various indicators for economic freedom. It is concluded that although these measures differ somewhat in their coverage, they show similar rankings for the countries covered. Some elements in these measures are, however, questionable. The robustness of the relationship between freedom and growth is also examined. Our main conclusion is that more economic freedom fosters economic growth.
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Suggested Citation

  • de Haan, Jakob & Sturm, Jan-Egbert, 2000. "On the relationship between economic freedom and economic growth," European Journal of Political Economy, Elsevier, vol. 16(2), pages 215-241, June.
    • Handle: RePEc:eee:poleco:v:16:y:2000:i:2:p:215-241
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