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Does economic freedom boost growth for everyone?
Kyklos ( IF 1.796 ) Pub Date : 2021-01-26 , DOI: 10.1111/kykl.12262
Andreas Bergh 1, 2 , Christian Bjørnskov 2, 3
Affiliation  

While the association between economic freedom and long‐term economic growth has been 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 toward reconciling these two bodies of literature by exploring the within‐quintile growth consequences of changes in three separate elements of economic freedom: the size of government, institutional quality and and policy quality. Although the distributional consequences of increases in economic freedom are theoretically ambiguous, we find evidence that economic freedom affects all parts of the income distribution equally, in addition to indications that the growth effects are largest for the poorest and richest quintiles.

中文翻译:

经济自由会促进每个人的增长吗?

尽管经济自由与长期经济增长之间的关联已得到充分证明,但有关经济自由的分配后果的并行研究文献却充满了矛盾的发现。在本文中,我们通过研究经济自由的三个独立要素(政府的规模,机构质量和政策质量)变化在五分之内的增长结果,朝着调和这两个文献的方向迈出了一步。尽管经济自由度增加的分配结果在理论上是模棱两可的,但我们发现有证据表明,经济自由平等地影响了收入分配的所有组成部分,此外还有迹象表明,最贫穷和最富有的五分之一人口的增长效应最大。
更新日期:2021-01-26
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