Economic freedom and economic growth: Does specification make a difference?

European Journal of Political Economy

Volumn 22, Issue 1, 2006, Pages 60-81

  Doucouliagos, Chris ^a   Ulubasoglu, Mehmet Ali ^a  

^a DEAKIN UNIVERSITY   (Australia)

Author keywords

Economic freedom; Economic growth; Investment; Meta regression analysis; Specification bias

Indexed keywords

EID: 32044436945     PISSN: 01762680     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejpoleco.2005.06.003     Document Type: Article

References (87)

1. B.A. Abrams K.A. Lewis Cultural and institutional determinants of economic growth: A cross-section analysis Public Choice 83 1995 273-289
2. L.C. Adkins R.L. Moomaw A. Savvides Institutions, freedom, and technical efficiency Southern Economic Journal 69 2002 92-108
3. A.M. Ali Institutional differences as sources of growth differences Atlantic Economic Journal 31 2003 348-362
4. A.M. Ali W.M. Crain Political regimes, economic freedom, institutions and growth Journal of Public Finance and Public Choice/Economia delle Scelte Pubbliche 19 2001 3-21
5. A.M. Ali W.M. Crain Institutional distortions, economic freedom, and growth Cato Journal 21 2002 415-426
6. J. Aron Growth and institutions: A review of the evidence World Bank Research Observer 15 2000 99-135
7. D. Assane A. Grammy Institutional framework and economic development: international evidence Applied Economics 35 2003 1811-1817
8. E.B. Ayal G. Karras Components of economic freedom and growth: An empirical study Journal of Developing Areas 32 1998 327-338
9. R.J. Barro Economic growth in a cross-section of countries Quarterly Journal of Economics 106 1991 407-443
10. R. Barro Inequality, growth and investment National Bureau of Economic Research Working Paper 1999 7038 Cambridge MA
11. R.J. Barro J.W. Lee International data on educational attainment: updates and implications Oxford Economic Papers 53 2001 541-563
12. M. Bengoa B. Sanchez-Robles Foreign direct investment, economic freedom and growth: New evidence from Latin America European Journal of Political Economy 19 2003 529-545
13. N. Berggren The benefits of economic freedom: A survey The Independent Review 8 2003 193-211
14. N. Berggren H. Jordahl Does free trade really reduce growth? Further testing using the economic freedom index Public Choice 122 2005 99-114
15. F. Carlsson S. Lundstrom Economic freedom and growth: Decomposing the effects Public Choice 112 2002 335-344
16. A. Chong C. Calderon Causality and feedback between institutional measures and economic growth Economics and Politics 12 2000 69-81
17. J.H. Cole The contribution of economic freedom to world economic growth, 1980-99 Cato Journal 23 2003 189-198
18. L. Comeau Democracy and growth: A relationship revisited Eastern Economic Journal 29 2003 1-21
19. L. Comeau The political economy of growth in Latin America and East Asia: Some empirical evidence Contemporary Economic Policy 21 2003 476-489
20. J.W. Dawson Institutions, investment and growth: New cross-country and panel data evidence Economic Inquiry 36 1998 603-619
21. J.W. Dawson Causality in the freedom - growth relationship European Journal of Political Economy 19 2003 479-495
22. J. de Haan Economic freedom: Editor's introduction European Journal of Political Economy 19 2003 395-403
23. J. de Haan C. Siermann Further evidence on the relationship between democracy and economic growth Public Choice 95 1998 363-380
24. J. de Haan J.E. Sturm On the relationship between economic freedom and economic growth European Journal of Political Economy 16 2000 215-241
25. X. de Vanssay Z.A. Spindler Freedom and growth: Do constitutions matter? Public Choice 78 1994 359-372
26. X. de Vanssay Z.A. Spindler Constitutions, institutions and economic convergence: An international comparison Journal for Studies in Economics and Econometrics 20 1996 1-19
27. C. Doucouliagos Publication bias in the economic freedom and economic growth literature Journal of Economic Surveys 19 2005 367-387
28. C. Doucouliagos P. Laroche What do unions do to productivity: A meta-analysis Industrial Relations 42 2003 650-691
29. W. Easterly R. Levine Africa's growth tragedy: Policies and ethnic divisions Quarterly Journal of Economics 1997 1203-1250
30. S. Easton M. Walker Income, growth, and economic freedom American Economic Review 1997 328-332
31. B. Efron R.J. Tibshirani An Introduction to the Bootstrap 1993 Chapman and Hall San Francisco
32. A.G. Esposto P.A. Zaleski Economic freedom and the quality of life: An empirical analysis Constitutional Political Economy 10 1999 185-197
33. W.K. Farr R.A. Lord J.L. Wolfenbarger Economic freedom, political freedom, and economic well-being: A causality analysis Cato Journal 18 1998 247-262
34. L.P. Feld S. Voigt Economic growth and judicial independence: cross-country evidence using a new set of indicators European Journal of Political Economy 19 2003 497-527
35. J. Fidrmuc Economic reform, democracy and growth during post-communist transition European Journal of Political Economy 19 2003 583-604
36. A.A. Goldsmith Democracy, property rights and economic growth Journal of Development Studies 32 1995 157-174
37. A.A. Goldsmith Economic rights and government in developing countries: cross-national evidence on growth and development Studies in Comparative International Development 32 1997 29-44
38. D.M. Gould W.C. Gruben The role of intellectual property rights in economic growth Journal of Development Economics 48 1996 323-350
39. R. Gounder Political and economic freedom, fiscal policy, and growth nexus: Some empirical results for Fiji Contemporary Economic Policy 20 2002 234-245
40. A.P. Grammy D. Assane New evidence on the effect of human capital on economic growth Applied Economics Letters 4 1996 121-124
41. W.D. Greene Econometric Analysis 5th, edn. 2002 Prentice Hall London
42. H.G. Grubel Economic freedom and human welfare: Some empirical findings Cato Journal 18 1998 287-303
43. J. Gwartney R. Lawson Economic Freedom of the World Annual Report 2003 The Fraser Institute Vancouver BC
44. Gwartney, J., Lawson, R., Block, W., 1996. Economic Freedom of the World: 1975-1995. The Fraser Institute and others, Vancouver BC.
45. J. Gwartney R. Lawson R. Holcombe Economic freedom and the environment for economic growth Journal of Theoretical and Institutional Economics 155 1999 643-663
46. J. Gwartney R. Lawson D. Samida Economic Freedom of the World Annual Report 2000 The Fraser Institute Vancouver BC
47. S. Hanke S. Walters Economic freedom, prosperity, and equality: A survey Cato Journal 17 1997 117-146
48. J.R. Hanson II Proxies in the new political economy: Caveat emptor Economic Inquiry 41 2003 639-646
49. J.C. Heckelman Economic freedom and economic growth: A short-run causal investigation Journal of Applied Economics 3 2000 71-91
50. J.C. Heckelman M.D. Stroup Which economic freedoms contribute to growth? Kyklos 53 2000 527-544
51. J.C. Heckelman M.D. Stroup Which economic freedoms contribute to growth? Reply Kyklos 55 2000 417-420
52. L.V. Hedges I. Olkin Statistical Methods for Meta-Analysis 1985 Academic Press London
53. Heritage Foundation 2004. O'Driscoll, Jr., G.P., Feulner, E.J., O'Grady, M.A., 2004. Index of Economic Freedom, The Heritage Foundation Washington DC and Dow Jones and Company, Inc., New York.
54. J.E. Hunter F.L. Schmidt Methods of Meta-Analysis: Correcting Error and Bias in Research Findings 2004 Sage Publications Thousand Oaks, California
55. S. Islam Economic freedom, per capita income and economic growth Applied Economics Letters 3 1996 595-597
56. J.P. Johnson T. Lenartowicz Culture, freedom and economic growth: Do cultural values explain economic growth? Journal of World Business 33 1998 332-356
57. A. Karabegovic D. Samida C. Schlegel F. McMahon North American economic freedom: An index of 10 Canadian provinces and 50 US states European Journal of Political Economy 19 2003 431-452
58. S. Knack P. Keefer Institutions and economic performance: Cross-country tests using alternative institutional measures Economics and Politics 7 1995 207-227
59. P. Keefer S. Knack Why don't poor countries catch up?: A cross-national test of an institutional explanation Economic Inquiry 35 1997 590-602
60. P. Lall A.M. Featherstone D.W. Norman Productivity growth in the Western Hemisphere (1978-94): The Caribbean perspective Journal of Productivity Analysis 17 2002 213-231
61. D.A. Leblang Property rights, democracy and economic growth Political Research Quarterly 49 1996 5-26
62. M. Leschke Constitutional choice and prosperity: A factor analysis Constitutional Political Economy 11 2000 265-279
63. R. Levine D. Renelt A sensitivity analysis of cross-country growth regressions American Economic Review 82 1992 942-963
64. M.W. Lipsey D.B. Wilson Practical Meta-Analysis 2000 Sage Publications London
65. N.G. Mankiw D. Romer D. Weil A contribution to the empirics of growth Quarterly Journal of Economics 107 1992 407-437
66. P. Mauro Corruption and growth Quarterly Journal of Economics 1995 681-712
67. P.H. Mo Corruption and economic growth Journal of Comparative Economics 29 2001 66-79
68. M.A. Nelson R.D. Singh Democracy, economic freedom, fiscal policy, and growth in LDCs: A fresh look Economic Development and Cultural Change 46 1998 677-696
69. S.W. Norton Economic institutions and human well-being: A cross-national analysis Eastern Economic Journal 29 2003 23-40
70. W.G. Park J.C. Ginarte Intellectual property rights and economic growth Contemporary Economic Policy 15 1997 51-61
71. H. Pitlik The path of liberalization and economic growth Kyklos 55 2002 57-79
72. A. Przeworski F. Limongi Political regimes and economic growth Journal of Economic Perspectives 7 1993 51-69
73. R. Ram Private investment, freedom, openness, and economic growth: evidence from recent cross-country data Economia Internazionale 53 2000 371-388
74. G.W. Scully The institutional framework and economic development Journal of Political Economy 96 1988 652-662
75. G.W. Scully Economic freedom, government policy and the trade-off between equity and economic growth Public Choice 113 2002 77-96
76. G.W. Scully D.J. Slottje Ranking economic liberty across countries Public Choice 69 1991 121-152
77. L. Sirowy A. Inkeles The effects of democracy on economic growth and inequality: A review Studies in Comparative International Development 25 1990 126-157
78. Z.A. Spindler Liberty and development: A further empirical perspective Public Choice 69 1991 197-210
79. T.D. Stanley Wheat from chaff: Meta-analysis as quantitative literature review Journal of Economic Perspectives 15 2001 131-150
80. T.D. Stanley S.B. Jarell Gender wage discrimination bias? A meta-regression analysis The Journal of Human Resources 33 1998 947-973
81. J.E. Sturm J. de Haan How robust is the relationship between economic freedom and economic growth? Applied Economics 33 2001 839-844
82. J.E Sturm E. Leertouwer J. de Haan Which economic freedoms contribute to growth? A comment Kyklos 55 2002 403-416
83. J. Torstensson Property rights and economic growth: An empirical study Kyklos 47 1994 231-247
84. E. Weede S. Kampf The impact of intelligence and institutional improvements on economic growth Kyklos 55 2002 361-380
85. A. Whitehead Meta-Analysis of Controlled Clinical Trials 2003 John Wiley & Sons Chichester
86. World Bank, 2003. World Development Indicators, CD ROM.
87. W.B. Wu O.A. Davis The two freedoms in a growth model Journal of Private Enterprise 14 1999 115-143