Arbeitspapier

Does economic freedom boost growth for everyone?

While the association between economic freedom and long-run economic growth is well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step towards reconciling the two literatures by exploring the within-quintile growth consequences of changes in three different types of economic freedom: the size of government, institutional quality and policy quality. While the associations are theoretically ambiguous, we find evidence that economic freedom affects all parts of the income distribution equally, and some indications that the growth effects are largest for the poorest and richest quintiles.

Sprache
Englisch

Erschienen in
Series: IFN Working Paper ; No. 1276

Klassifikation
Wirtschaft
Economic Growth and Aggregate Productivity: General
Institutions and Growth
Capitalist Systems: Political Economy
Thema
Economic freedom
Liberalization
Economic growth
Income inequality

Ereignis
Geistige Schöpfung
(wer)
Bergh, Andreas
Bjørnskov, Christian
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2019

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bergh, Andreas
  • Bjørnskov, Christian
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2019

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