1996•Applied Economics LettersRequires access
Economic freedom, per capita income and economic growth
Sadequl Islam
Open publisher page 88 citations
Abstract
Based on cross-section data, this paper explores the relationship between economic freedom and the economic performance of low, middle and high income countries. The regression results show that there is a direct relationship between the economic freedom index and per capita income in low income countries and all countries as a whole. The evidence also indicates that there is a direct relationship between the economic freedom index and the growth rate of per capita income in high income countries and all countries as a whole.