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Title:Relationship between economic freedom and pro-poor growth: Evidence from Pakistan (1995-2010) PDF Logo
Authors:Zaman, Khalid
Khan, Muhammad Mushtaq
Ahmad, Mehboob
Issue Date:2011
Citation:[Journal:] Romanian Journal of Fiscal Policy (RJFP) [ISSN:] 2069-0983 [Volume:] 2 [Year:] 2011 [Issue:] 1 [Pages:] 24-35
Abstract:The relationship between economic freedom and pro-poor growth is examined in Pakistan from 1995-2010. The concept of pro-poor growth is derived from the literature of Kakwani and Pernia (2000) and Kakwani and Son (2003). The domino effect shows that there is a strong link between economic freedom indicators and pro-poor growth. Econometric analysis proves a strong relationship between economic freedom, poverty reduction and income inequality. Results reveal that larger the business freedom and / or trade freedom, greater the economic growth. This will ultimately reduce poverty in the country.
Subjects:economic freedom indicators
pro-poor growth
poverty
inequality
Pakistan
JEL:I30
I32
O10
Creative Commons License:http://creativecommons.org/licenses/by-nc/3.0/
Document Type:Article
Appears in Collections:Romanian Journal of Fiscal Policy

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