@article{Cebula:243946,
      recid = {243946},
      author = {Cebula, Richard J. and Clark, J.R. and Mixon, Franklin G.,  Jr.},
      title = {The Impact of Economic Freedom on Per Capita Real GDP: A  Study of OECD Nations},
      journal = {Journal of Regional Analysis and Policy},
      address = {2013},
      number = {1100-2016-90109},
      year = {2013},
      abstract = {This study of the impact of economic freedom on per capita  real GDP among OECD nations over the 2002-2006 period, with  each OECD nation during this time frame being treated as a  de 
facto “economic region” within the OECD, finds strong  initial support for the hypothesis 
proffered here, namely,  the higher the degree of economic freedom, the higher the  level of economic 
activity and hence the higher the per  capita real GDP level. In particular, the per capita real  GDP 
level in each of the nations (regions) in existence as  OECD members (except Iceland) over the study 
period is  shown, using fixed-effects PLS estimations, to be an  increasing function of business 
freedom, freedom from  corruption, investment freedom, monetary freedom,  government size freedom, 
trade freedom, and property  rights freedom. By contrast, these preliminary estimations  find that 
labor freedom, financial freedom, and fiscal  freedom do not exercise a statistically significant 
impact  on per capita real GDP (income).},
      url = {http://ageconsearch.umn.edu/record/243946},
      doi = {https://doi.org/10.22004/ag.econ.243946},
}