INSTITUTIONS, ECONOMIC FREEDOM AND GROWTH: AN ANALYSIS OF DEVELOPED AND DEVELOPING COUNTRIES

Authors

  • Reisoli Bender Filho Universidade Federal de Santa Maria
  • Cláudia Maria Sonaglio Universidade Estadual do Mato Grosso do Sul
  • Carlos Otávio Zamberlan Universidade Estadual de Mato Grosso do Sul

Keywords:

economic freedom, economic growth, polices, institutions

Abstract

To quantify the differences in the level of economic growth in countries with different policies and institutions, as developed and developing countries, and its relationship to the degree of economic freedom between 2000 and 2007 was the aim of the paper. For this, we used analysis technique as a model with panel data. The results indicated that the degree of economic freedom, in five areas analyzed, has influenced the economic growth. Among the results, we highlight the influence of international trade area for which a positive relationship was evident when analyzing developing countries and a negative relationship to be developed, which can be explained by institutional aspects related to subsidies and other barriers to foreign trade.

Author Biographies

Reisoli Bender Filho, Universidade Federal de Santa Maria

Doutor em Economia Aplicada pela Universidade Federal de Viçosa. Professor Adjunto do Departamento de Economia da Universidade Federal de Viçosa

Cláudia Maria Sonaglio, Universidade Estadual do Mato Grosso do Sul

Doutora em Economia Aplicada pela Universidade Federal de Viçosa. Professora do Curso de Ciências Econômicas da Universidade Estadual de Mato Grosso do Sul.

Carlos Otávio Zamberlan, Universidade Estadual de Mato Grosso do Sul

Doutor em Desenvolvimento Econômico pela Universidade Federal do Rio Grande do Sul. Professor do Curso de Administração da Universidade Estadual de Mato Grosso do Sul.

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Published

2013-12-30

How to Cite

Bender Filho, R., Sonaglio, C. M., & Zamberlan, C. O. (2013). INSTITUTIONS, ECONOMIC FREEDOM AND GROWTH: AN ANALYSIS OF DEVELOPED AND DEVELOPING COUNTRIES. Research &Amp; Debate Journal of the Postgraduate Program in Political Economy, 24(2(44). Retrieved from https://revistas.pucsp.br/index.php/rpe/article/view/17712

Issue

Vol. 24 No. 2(44) (2013)

Section

Papers