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How robust is the relationship between economic freedom and economic growth?

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Abstract:

Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to growth.

Document Type: Research Article

DOI: https://doi.org/10.1080/00036840121977

Publication date: 2001-06-01

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