Andreas Bergh
Universitetslektor
Does economic freedom boost growth for everyone?
Författare
Summary, in English
While the association between economic freedom and long-term economic growth has been well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step toward reconciling these two bodies of literature by exploring the within-quintile growth consequences of changes in three separate elements of economic freedom: the size of government, institutional quality and and policy quality. Although the distributional consequences of increases in economic freedom are theoretically ambiguous, we find evidence that economic freedom affects all parts of the income distribution equally, in addition to indications that the growth effects are largest for the poorest and richest quintiles.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2021-05-01
Språk
Engelska
Sidor
170-186
Publikation/Tidskrift/Serie
Kyklos
Volym
74
Issue
2
Dokumenttyp
Artikel i tidskrift
Förlag
Wiley-Blackwell
Ämne
- Economics and Business
Nyckelord
- growth
- economic freedom
- distribution
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 0023-5962