Government ideology and economic freedom: new empirical evidence

Klaus Gründler, Armin Hackenberger and Niklas Potrafke

Chapter 11 in Handbook of Research on Economic Freedom, 2024, pp 144-158 from Edward Elgar Publishing

Abstract: Many studies have shown that the ideology of the government predicts the national degree of economic freedom. We review the literature on the role of government ideology for economic freedom and provide new empirical evidence using the latest set of available data that spans the period 2000-2020. Our results show that economic freedom is lower under governments with left-leaning economic beliefs, but this effect is driven by populist parties.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2024
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