EFFECTS OF ECONOMIC FREEDOM ON ECONOMIC GROWTH AND PER CAPITA INCOME (PANEL DATA APPROACH)

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SAMETI M.; SAMETI M.; SHAHNAZI R.A.

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Journal: JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES Year:2006 | Volume:6 | Issue:20 Page(s): 59-84

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Title

EFFECTS OF ECONOMIC FREEDOM ON ECONOMIC GROWTH AND PER CAPITA INCOME (PANEL DATA APPROACH)

Author(s)

SAMETI M. | SAMETI M. | SHAHNAZI R.A. | Issue Writer Certificate

Keywords

ECONOMIC FREEDOMQ3

SOUND MONEYQ3

JUDICIARIES STRUCTUREQ3

ECONOMIC GROWTHQ3

PER CAPITA INCOMEQ3

Abstract

ECONOMIC FREEDOM and lack of imposing limitations on output and distribution of goods & services have remarkable effects on ECONOMIC GROWTH as well as PER CAPITA INCOME of countries. The present paper is based on the framework of Lakatos methodology and uses the Skipton model to deal with the impact of ECONOMIC FREEDOM on per capita of 87 countries (including low-medium and high income) during 1980-2003. It also concentrates on combinations of Carlson - Lundstrom and Weinhold models to investigate the effect of ECONOMIC FREEDOM on ECONOMIC GROWTH of the same countries for the period under consideration.Our findings support the positive impacts of ECONOMIC FREEDOM on both per capita and ECONOMIC GROWTH of all different samples of the countries. We have also shown that among the elements of ECONOMIC FREEDOM, judiciaries independence; property rights security; SOUND MONEY; labour market laws; and credibility have the highest impacts on PER CAPITA INCOMEs. In additions the paper concludes that judiciaries independence; property rights security; labour market laws; and credibility have the highest effects on ECONOMIC GROWTH.

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References

شاخص آزادی اقتصادی سال 1999

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APA: Copy

SAMETI, M., SAMETI, M., & SHAHNAZI, R.A.. (2006). EFFECTS OF ECONOMIC FREEDOM ON ECONOMIC GROWTH AND PER CAPITA INCOME (PANEL DATA APPROACH) . JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES, 6(20), 59-84. SID. https://sid.ir/paper/382691/en

Vancouver: Copy

SAMETI M., SAMETI M., SHAHNAZI R.A.. EFFECTS OF ECONOMIC FREEDOM ON ECONOMIC GROWTH AND PER CAPITA INCOME (PANEL DATA APPROACH) . JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES[Internet]. 2006;6(20):59-84. Available from: https://sid.ir/paper/382691/en

IEEE: Copy

M. SAMETI, M. SAMETI, and R.A. SHAHNAZI, “EFFECTS OF ECONOMIC FREEDOM ON ECONOMIC GROWTH AND PER CAPITA INCOME (PANEL DATA APPROACH) ,” JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES, vol. 6, no. 20, pp. 59–84, 2006, [Online]. Available: https://sid.ir/paper/382691/en

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