Economic freedom, inflation rate and their impact on economic growth: A Panel data analysis

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dc.contributor.authorKiliç, Cuneyt
dc.contributor.authorArica, Feyza
dc.date.accessioned2025-01-27T19:02:47Z
dc.date.available2025-01-27T19:02:47Z
dc.date.issued2014
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe relationship between economic freedom and economic growth has always been discussed and investigated in the economic literature. This study investigates both the relationship among economic freedom, inflation rate, economic growth and, separately, economic freedom indices, inflation rate and economic growth in 23 uppermiddle income countries during 1995-2010. Pooled Least Squares and Two-way Panel Least Squares methods are used to estimate two different models. According to the results of these tests, economic freedom has a significantly positive effect, while inflation rate has a significantly negative effect on economic growth. When the components of economic freedom are examined separately, it was found that the coefficient of some components of economic freedom, such as government size index and business freedom index, were not significant variables. All other components of economic freedom are significantly related to economic growth.
dc.identifier.endpage176
dc.identifier.issn1582-6163
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84900007273
dc.identifier.scopusqualityQ2
dc.identifier.startpage160
dc.identifier.urihttps://hdl.handle.net/20.500.12428/13669
dc.identifier.volume17
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherInstitute foe Economic Forecasting
dc.relation.ispartofRomanian Journal of Economic Forecasting
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20250125
dc.subjectEconomic freedom; Economic growth; Inflation; Panel data analysis
dc.titleEconomic freedom, inflation rate and their impact on economic growth: A Panel data analysis
dc.typeArticle

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