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2015•RePEc: Research Papers in EconomicsOpen access

Economic Freedom and Economic Development in the Mexican States

Nathan J. Ashby, Avilia Bueno, Deborah Martinez, Ashby, Nathan J., Bueno, Avilia, Martinez, Deborah

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Abstract

In this paper we describe the methodology for the Economic Freedom of Mexico index published by the Fraser Institute. We will present the scores and rankings for the thirty-two Mexican states which have been calculated for the years 2003 to 2009. The relationship between economic freedom and wages is discussed. There is a significant positive relationship between economic freedom and real wages in Mexico.

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In this paper we describe the methodology for the Economic Freedom of Mexico index published by the Fraser Institute. We will present the scores and rankings for the thirty-two Mexican states which have been calculated for the years 2003 to 2009. The relationship between economic freedom and wages is discussed. There is a significant positive relationship between economic freedom and real wages in Mexico.

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Available abstract

In this paper we describe the methodology for the Economic Freedom of Mexico index published by the Fraser Institute. We will present the scores and rankings for the thirty-two Mexican states which have been calculated for the years 2003 to 2009. The relationship between economic freedom and wages is discussed. There is a significant positive relationship between economic freedom and real wages in Mexico.

Key concepts: Economic freedom, Index of Economic Freedom, Index (typography), Economics, Degrees of freedom (physics and chemistry), Development economics, Market economy, Computer science

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