Using Economic Freedom Indexes as Policy Indicators: An Intercontinental Example

We use time-series cross-section analysis to provide empirical validation for the existence of a specific American ethos and a specific European ethos with respect to economic policy. In our innovation, economic policy is proxied by “economic freedom” from the Fraser Institute database and constitut...

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Veröffentlicht in:Public organization review 2008-09, Vol.8 (3), p.195-214
Hauptverfasser: Spindler, Zane A., de Vanssay, Xavier, Hildebrand, Vincent
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de Vanssay, Xavier
Hildebrand, Vincent
description We use time-series cross-section analysis to provide empirical validation for the existence of a specific American ethos and a specific European ethos with respect to economic policy. In our innovation, economic policy is proxied by “economic freedom” from the Fraser Institute database and constitutional “political institutions” are proxied by variables from the Database of Political Institutions (from the World Bank). Our results suggest that, once we control for political and institutional differences, the United States and Europe still pursue different economic policies.
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subjects Democracy
Economic growth
Economic Policy
Freedoms
Management
Political alliances
Political Science
Political Science and International Relations
Political Science and International Studies
Political systems
Public Administration
Public Finance
Studies
title Using Economic Freedom Indexes as Policy Indicators: An Intercontinental Example
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