Abstract:
While several cross-sectional studies (La Porta et. al. 2002, Norton 2002) examine institutional and cultural determinants of economic freedom, changes in economic freedom remain unexamined. I construct a measure of median voter preferences and find changes in voter preferences for economic freedom to be a significant determinant of changes in economic freedom in a panel of 25 OECD countries. The voter preference measure is robust to several alternative specifications, including the addition of institutional variables.
Keywords:Economic Freedom; Median Voter; Manifesto Data; Voter Preferences (search for similar items in EconPapers) JEL-codes:D72D78H11P16 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-cdm, nep-pbe and nep-pol Date: 2002-11-13 Note: Type of Document - pdf; pages: 21 ; figures: tables included. This paper contains some initial results that will be included in the second chapter of my dissertation. The paper is forthcoming in the Journal of Private Enterprise. I am expanding on this work; comments and suggestions are quite welcome. View list of references