Abstract
This paper uses the Wright ratings of economic freedom to investigate the relationship between economic freedom and economic development for most countries in the world. This relationship is apparently strong and direct for such economic freedoms as freedom of property and freedom of movement but inverse for freedom of association. These findings appear to be independent of the type of economic system or civil liberties, as measured by the Gastil ratings, which have their own important effects on economic development.
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With the statistical assistance of Laurie D. Still. Comments on previous drafts by Iraj Aberdian, Merle Holden, Brian Kantor, John W. Kendrick, Peter Kennedy, Jack Knetsch, Chris Lingle, Denton Marks, Peter Moll, Frank Vorhies, an anonymous referee, and the participants of seminars at the University of Cape Town, the University of Natal and Simon Fraser University are gratefully acknowledged.
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Spindler, Z.A. Liberty and development: A further empirical perspective. Public Choice 69, 197–210 (1991). https://doi.org/10.1007/BF00123847
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DOI: https://doi.org/10.1007/BF00123847