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Economic freedom, per capita income and economic growth

Sadequl Islam

Applied Economics Letters, 1996, vol. 3, issue 9, 595-597

Abstract: Based on cross-section data, this paper explores the relationship between economic freedom and the economic performance of low, middle and high income countries. The regression results show that there is a direct relationship between the economic freedom index and per capita income in low income countries and all countries as a whole. The evidence also indicates that there is a direct relationship between the economic freedom index and the growth rate of per capita income in high income countries and all countries as a whole.

Date: 1996
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DOI: 10.1080/135048596356032

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