The role of the level of development, geographical factors, and culture for the efficacy of economic freedom

Arbeitspapier

There are many studies focused on the role of economic freedom in creating conditions supportive for economic growth. Most of the recommendations in this area are based on the observations of the highly developed countries. But is it reasonable to generalize these findings to the other countries, independently from their conditions? Contemporary the number of the research conducted for the countries outside the world's forefront rises. Results are varied - some elements of economic freedom seem to be effective unconditionally, some of them bring different results. The aim of the paper is to examine the role of such factors as a stage of economic development, geographical location, and culture in the context of the efficacy of economic freedom. The study was conducted with usage of regression models for panel data and based on the indicators connected with economic freedom and economic growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Institute of Economic Research Working Papers ; No. 119/2015

Classification and Topics

• Classification: Wirtschaft ; Structure and Scope of Government: General ; Economic Development: General ; Comparative Economic Systems: General ; Comparative Analysis of Economic Systems
• Subject: economic freedom ; institutions ; economic development ; geopolitics ; culture

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Zielenkiewicz, Malgorzata
• Event: Veröffentlichung
• (who): Institute of Economic Research (IER)
• (where): Toruń
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/219735
• Last update: 10.03.2025, 11:42 AM CET