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Property Rights and Economic Growth in Africa: An Econometric Analysis

Germinal Van (germinalvan27@gwmail.gwu.edu)

MPRA Paper from University Library of Munich, Germany

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 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: C12 C53 O11 O4 O47 (search for similar items in EconPapers)
Date: 2020-07-07
New Economics Papers: this item is included in nep-afr and nep-env
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