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  • American Economic Association  (1)
  • Blackwell Publishers Ltd.  (1)
  • Dresden: ifo Institut, Niederlassung Dresden
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  • 1
    Electronic Resource
    Electronic Resource
    Which Economic Freedoms Contribute to Growth? A Comment (2002)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Kyklos 55 (2002), S. 0 
    Details
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Most studies on the relationship between economic freedom and growth employ a measure of economic freedom based on an (ad hoc) aggregation of various underlying components. We argue that the alternative aggregation procedure as recently suggested by Heckelman and Stroup (2000) — in which aggregation is directly based upon the relevance of each component for growth, as determined by multivariate regression analysis — is seriously flawed. We present an alternative index based on latent variable estimation techniques. Using standard robustness analyses we find that this index of economic freedom is not robustly related to economic growth.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-6435.00193
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    Paper (German National Licenses)
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    Income Inequality, Capitalism, and Ethno-Linguistic Fractionalization (2015)
    American Economic Association
    Details
    Publication Date: 2015-05-01
    Description: We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism. Our results suggest that there is no robust relationship between economic freedom and Gini coefficients based on gross income. Subsequently, we analyze the relationship between income redistribution and ethno-linguistic fractionalization. We find that the impact of ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that have a high degree of fractionalization redistribute income less, while capitalist countries that have a low degree of fractionalization redistribute income more.
    Print ISSN: 0002-8282
    Electronic ISSN: 1944-7981
    Topics: Economics
    Published by American Economic Association
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