Economic freedom and social capital
Art Carden and
Applied Economics, 2015, vol. 47, issue 54, 5853-5867
This article brings together two growing literatures, social capital and economic freedom, to examine whether economic freedom contributes to social capital. More specifically, using US state-level data from 1986 to 2004 and both OLS and System GMM dynamic panel estimation, we find that there is no clear trade-off between economic freedom and either the level or growth of social capital.
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