Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/219735 
Year of Publication: 
2015
Series/Report no.: 
Institute of Economic Research Working Papers No. 119/2015
Publisher: 
Institute of Economic Research (IER), Toruń
Abstract: 
There are many studies focused on the role of economic freedom in creating conditions supportive for economic growth. Most of the recommendations in this area are based on the observations of the highly developed countries. But is it reasonable to generalize these findings to the other countries, independently from their conditions? Contemporary the number of the research conducted for the countries outside the world's forefront rises. Results are varied - some elements of economic freedom seem to be effective unconditionally, some of them bring different results. The aim of the paper is to examine the role of such factors as a stage of economic development, geographical location, and culture in the context of the efficacy of economic freedom. The study was conducted with usage of regression models for panel data and based on the indicators connected with economic freedom and economic growth.
Subjects: 
economic freedom
institutions
economic development
geopolitics
culture
JEL: 
H10
O10
P50
P51
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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