Economic freedom and social capital: pooled mean group evidence

Jeremy Jackson

Applied Economics Letters, 2017, vol. 24, issue 6, 370-373

Abstract: This article uses annual US-state-level data from 1986 to 2004 and pooled-mean group estimation based on Pesaran et al. (1999) to examine whether economic freedom influences social capital. We find economic freedom has a negative effect on our social capital measure. This result is driven by the labour market component of freedom which is indicative of the relationship between labour market freedom and Olson-type group social capital.

Date: 2017
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Citations: View citations in EconPapers (4)

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DOI: 10.1080/13504851.2016.1194958

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