The Relationship between Economic Freedom and Poverty Rates: Cross-Country Evidence - 10.1628/jite-2020-0042 - Mohr Siebeck
Wirtschaftswissenschaft

Colin Doran, Thomas Stratmann

The Relationship between Economic Freedom and Poverty Rates: Cross-Country Evidence

Online First, S. 1-22 (22)
Publiziert 11.09.2020

22,00 € inkl. gesetzl. MwSt.
Artikel PDF
We study the relationship between economic freedom and poverty rates in 151 countries over a twenty-year period. Using the World Bank's poverty headcounts of those living on less than $1.90 per day, $3.20 per day, and $5.50 per day, we find evidence that economic freedom, measured by the Heritage Foundation's Index of Economic Freedom, is associated with lower poverty rates. We also test the effect of various components of the Index of Economic Freedom.We find thata government's integrity and a country's trade freedom are associated with lower poverty rates. We check the robustness of our results using alternative freedom indices.
Personen

Colin Doran Keine aktuellen Daten verfügbar.

Thomas Stratmann Keine aktuellen Daten verfügbar.

Schlagworte

Freedom , Government , Poverty , trade