Social Sciences
4 years ago

Higher economic freedom and lower taxes lead to increased GDP growth.

1 view
RePEc: Research Papers in Economics
A Panel Data Study of the Effects of Economic Freedom, Regulatory Quality, and Taxation on the Growth Rate of Per Capita Real GDP
Richard J. Cebula, Maggie Foley

Paper Summary

Higher economic freedom, better regulatory quality, and lower taxation levels lead to higher growth rates of per capita real GDP. This was shown in a study using data from OECD nations between 2003 and 2006.

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