Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/210917
Authors: 
Bergh, Andreas
Bjørnskov, Christian
Year of Publication: 
2019
Series/Report no.: 
IFN Working Paper No. 1276
Abstract: 
While the association between economic freedom and long-run economic growth is well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step towards reconciling the two literatures by exploring the within-quintile growth consequences of changes in three different types of economic freedom: the size of government, institutional quality and policy quality. While the associations are theoretically ambiguous, we find evidence that economic freedom affects all parts of the income distribution equally, and some indications that the growth effects are largest for the poorest and richest quintiles.
Subjects: 
Economic freedom
Liberalization
Economic growth
Income inequality
JEL: 
O40
O43
P16
Document Type: 
Working Paper

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