North American economic freedom: an index of 10 Canadian provinces and 50 US states

North American economic freedom: an index of 10 Canadian provinces and 50 US states

This study seeks to measure differences in economic freedom among the Canadian provinces and US states. The North American Economic Freedom Index is an extension of the Economic Freedom of the World Index, which measures economic freedom on an international level. The calculation of the North Americ...

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Veröffentlicht in:European Journal of Political Economy 2003-09, Vol.19 (3), p.431-452
Hauptverfasser: Karabegovic, Amela, Samida, Dexter, Schlegel, Chris M, McMahon, Fred
Format: Artikel
Sprache:eng
Schlagworte:
Canada
Comparative Analysis
Comparative economics
Economic Conditions
Economic Development
Economic freedom
Economic growth
Economic performance
Economic systems
Economics
Federal states
Freedom
Indexes (Measures)
Measurement
North America
Political economy
Political science
U.S.A
United States of America
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Beschreibung
Zusammenfassung:This study seeks to measure differences in economic freedom among the Canadian provinces and US states. The North American Economic Freedom Index is an extension of the Economic Freedom of the World Index, which measures economic freedom on an international level. The calculation of the North American Economic Freedom Index allows us for the first time to investigate the relationship between economic freedom and economic growth within North America. The study examines how economic freedom affects the level and the growth of economic activity. The results show that economic freedom is strongly correlated with both measures of economic performance.
ISSN:0176-2680
1873-5703
DOI:10.1016/S0176-2680(03)00008-9