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Property Rights and Economic Freedom

Germinal Van ()

Journal of Economics and Econometrics, 2021, vol. 64, issue 2, 24-39

Abstract: The purpose of this paper is to establish a positive correlation between property rights and economic freedom. It seeks to demonstrate that property rights lead to economic freedom. From a purely theoretical perspective, it has been assumed that greater access to property rights leads to economic freedom, consequently to a sustainable economic growth. To establish this correlation in the case of Africa, we applied the use of statistical tools to substantiate the validity of our economic theory. We mainly used a simple linear regression to ascertain our hypothesis.

Keywords: Economic freedom; property rights; econometrics; macroeconomics; development economics; economic growth (search for similar items in EconPapers)
JEL-codes: C33 C49 E22 N27 O43 (search for similar items in EconPapers)
Date: 2021
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