Results 261 to 270 of about 38,865 (302)

Index of economic freedom: Unrealized pedagogical opportunities

Journal of Economic Education, 2017
ABSTRACTAlthough the Index of Economic Freedom appears in many economic textbooks, their coverage of the index misses opportunities to teach statistical and policy-related concepts important for the principles course. The standard textbook presentation passes up an opportunity to examine the statistical issues of weighting in composite index numbers ...
John A Miller
exaly   +2 more sources

An Alternative Aggregation Process for Composite Indexes: An Application to the Heritage Foundation Economic Freedom Index

Social Indicators Research, 2020
Composite indices of economic freedom may constitute a useful and practical guide and a significant source of information for experts in government policy, investors and market researchers across the world. Their high applicability and the important consequences of the relative position of the countries in a ranking of economic freedom, has led many ...
JOSÉ M Cabello, FRANCISCO Ruiz, Blanca Pérez-Gladish   +2 more
exaly   +2 more sources

Estimating the size of the trade sector in the Economic Freedom of the World index [PDF]

Economics Bulletin, 2011
The Economic Freedom of the World (EFW) index measures the extent to which nations allow their citizens economic freedom. The freedom of people to trade internationally is a featured area within the index. One component of this area is the size of the trade sector, or rather the deviation of a country's trade sector from its expected size.
Joshua C Hall, Robert Lawson, Chuck Skipton   +2 more
openaire   +1 more source

Is “economic freedom” strictly free market capitalism? A decompositional analysis of the Economic Freedom of the World index [PDF]

, 2009
The Frasier Institute’s Economic Freedom of the World is often taken as a metric of market capitalism. This paper argues that the index is an amalgam of measures capturing free markets and good governance, and analysts should remain cognizant of this conceptual conflation when using the index to develop policy prescriptions.
Cohen, Joseph N
openaire   +2 more sources

Convergence Analysis on Ten Sub-Indexes of Economic Freedom

SSRN Electronic Journal, 2014
The purpose of this paper is to examine the transition of ten sub-indexes of economic freedom among 130 countries in the world. The three central questions of this study are: do economic freedom sub-indexes converge? Do some sub-indexes of economic freedom display more clear-cut convergence when their index points are increasing over time?
Yu Sang Chang, JiHye Kim, Young Soo Kim
openaire   +1 more source

Why Indexes of Economic Freedom Cannot Be Sufficient Indicators of Economic Freedom and Future Economic Prosperity?

SSRN Electronic Journal, 2013
Long term economic growth depends on the institutional setting for economic activity. Sustainable long term growth emerges from institutions which sustain freedom. Quality of the institutional framework can be explored through the index of economic freedom in order to bring closer the relationship between economic freedom and economic prosperity.
openaire   +1 more source

An Economic Freedom Index for U.S. Metropolitan Areas

2013
This paper is the first attempt to produce an economic freedom index for local economies in the U.S. It provides a more comprehensive measure of the restrictions government places upon economic freedom compared to simple fiscal measures like total government spending or revenue. That makes it a valuable tool for a wide variety of researchers seeking to
Stansel, Dean B., Stansel, Dean B.
openaire   +1 more source

On the Methodology of the Economic Freedom of the World Index

2008
Anyone who has taught macroeconomics knows that students sometimes have difficulty grasping the enormity of the concept of GDP. The usual definition given is, “the market value of all final goods and services produced in a nation in a year,” and a number, $13,620 billion according to the latest estimate (Bureau of Economic Analysis 2007). But what does
openaire   +1 more source

Using Economic Freedom Indexes as Policy Indicators: An Intercontinental Example

Public Organization Review, 2008
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 ...
Zane A. Spindler, Xavier de Vanssay, Vincent Hildebrand   +2 more
openaire   +1 more source