Degree of Economic Freedom and Relationship to Economic Growth and Human Development

Chodak, Grzegorz and Kowal, Krzysztof (2011): Degree of Economic Freedom and Relationship to Economic Growth and Human Development. Published in: Hradecke ekonomicke dny. Ekonomicky rust a rozvoj regionu. Vedecka konference. , Vol. 2, (2011): pp. 104-112.

Abstract

Presented in this article is an analysis of the relationship between the Index of Economic Freedom and indices of economic growth, i.e. GDP per capita and the Human Development Index. The McPherson coefficient of correlation was calculated from several different perspectives. Described in the final part of the article is the testing of the hypotheses, while a short commentary on the results obtained is also presented.

• Item Type: MPRA Paper
• Language: English
• Keywords: liberalism, economic growth, index of economic freedom
• Subjects: N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N10 - General, International, or Comparative; B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics; E - Macroeconomics and Monetary Economics > E0 - General > E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts

References

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