Unité mixte de recherche 7235

The effects of economic freedom components on economic growth:an analysis with a threshold model

Rami Abdelkafi, Hatem Derbel

[en] Several studies show a positive and significant link between economic freedom and economic growth. Based on this result many economists recommend an abrupt and total disengagement of the State from the economic activity. Our objective in this paper is double. Initially, we show that the use of an aggregate index of economic freedom can mask the specificity of the link between the latter and the growth. In a second time, we use the Hansen (2000) method to demonstrate the presence of threshold variables rejecting the linearity of the relation between variables on the entire sample. The GDP per capita and the initial enrollment rate in secondary school divide the sample in two groups of countries characterized by different relations. One of our principal results is that the reduction of the size of the government is not effective in countries having an initial GDP per capita and an enrollment rate in 1990 higher than the thresholds values. This enables us to put into perspective the need for a reduction of the size of the government and to insist on the effectiveness of economic policies in developing countries. [/en]

AGENDA

lundi 25 septembre 2023

Law, Institutions and Economics in Nanterre (LIEN)

Xavier Lambin (ESSEC)

Less than meets the eye: simultaneous experiments as a source of algorithmic seeming collusion

mardi 26 septembre 2023

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

André Orléan (EHESS)

Valeur et monnaie: une approche institutionnaliste

jeudi 28 septembre 2023

Lunch

Philippe POINSOT

Quels sont les gagnants et les perdants des réformes de la fiscalité locale en France ? Une évaluation de la suppression de la CVAE

jeudi 28 septembre 2023

Développement Durable Environnement et Energie (DDEE)

Romain Espinosa (CIRED)

Salle 614B de 11h – 12h

The Animal Welfare Levy

jeudi 5 octobre 2023

Groupe de travail Economie Comportementale

Aurélie Bonein (Université de Rennes 1, CREM)

TBA

jeudi 5 octobre 2023

Doctorants

Himani Pasricha

The impact of climate variability on internal migration in Thailand.

dimanche 8 octobre 2023

Professeurs invités

Fayçal Hamdi

dimanche 8 octobre 2023

Professeurs invités

Tobias Kretschmmer

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