You are not logged in.

Economic freedom and productivity growth in resource-rich economies

Farhadi, Minoo, Islam, Md. Rabiul and Moslehi, Solmaz 2015, Economic freedom and productivity growth in resource-rich economies, World Development, vol. 72, pp. 109-126, doi: 10.1016/j.worlddev.2015.02.014.

Attached Files
Name Description MIMEType Size Downloads

Title Economic freedom and productivity growth in resource-rich economies
Author(s) Farhadi, Minoo
Islam, Md. Rabiul
Moslehi, Solmaz
Journal name World Development
Volume number 72
Start page 109
End page 126
Total pages 18
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2015-08-01
ISSN 0305-750X
Keyword(s) Economic freedom
Natural resources
Productivity growth
Summary The focus of this paper is to test whether free market institutions that protect property rights and support freedom of choice and voluntary exchange can change the curse of natural resources into a blessing. To examine the above question, this paper uses the Fraser Institute's economic freedom index and its five sub-indices, namely government size, property rights, access to sound money, freedom to trade, and setting proper regulations. Using data from 99 sample countries over the period 1970-2010, the system GMM estimates suggest that the negative growth effects of resource rents may turn positive in countries with greater economic freedom.
Language eng
DOI 10.1016/j.worlddev.2015.02.014
Field of Research 140202 Economic Development and Growth
Socio Economic Objective 910103 Economic Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2015, Elsevier
Persistent URL

Document type: Journal Article
Collection: Alfred Deakin Research Institute
Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 15 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 68 Abstract Views, 2 File Downloads  -  Detailed Statistics
Created: Mon, 06 Jul 2015, 15:45:37 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact