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A distributional analysis of the benefits of economic freedom

Ryan Compton, Daniel Giedeman and Gary Hoover ()

European Journal of Political Economy, 2014, vol. 33, issue C, 121-133

Abstract: Using US state-level economic freedom measures, we investigate the extent that changes in economic freedom affect US State income growth. More importantly, we study how this effect differs across income quintiles, allowing us to address the particularly timely question of who benefits from increases in economic freedom and who does not. Our results indicate that while increases in economic freedom positively contribute to income growth, the strength of this effect differs across quintiles.

Keywords: Inequality; Poverty; Regulation; Protective/productive government; Freedom (search for similar items in EconPapers)
JEL-codes: D63 H11 L51 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1016/j.ejpoleco.2013.12.001

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European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung

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Handle: RePEc:eee:poleco:v:33:y:2014:i:c:p:121-133