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Economic Freedom as a Driver for Growth in Transition

SSRN Electronic Journal
2009
  • 1
    Citations
  • 963
    Usage
  • 2
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    1
    • Policy Citations
      1
      • Policy Citation
        1
  • Usage
    963
    • Abstract Views
      847
    • Downloads
      116
  • Captures
    2
  • Ratings
    • Download Rank
      482,372

Article Description

This paper reviews the political economy view of economic growth in post-communist economies making the transition to free markets, focusing on the role of economic policy and institutions. We test the hypothesis that better institutions, measured in terms of economic freedom, contribute to growth. The empirical results from the cross-section of transition economies confirm this hypothesis. The paper concludes that non-linearities are present in the growth model and that differences arise depending on how economic well-being is defined.

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