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Who gains from economic freedom? A panel analysis on decile income levels

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  • Robert Lawson
  • James Dean

Abstract

This paper revisits Saccone’s (2020) analysis of the impact of economic freedom on decile income shares for a panel of developed and developing nations during 1980-2014. Saccone found that higher levels of economic freedom corresponded with lower income shares for the bottom 8 deciles and higher shares only for the top 2 deciles. Instead of decile income shares, this paper focuses on the impact of economic freedom on decile income levels. We find that the income per capita for all 10 deciles increases as economic freedom increases.

Suggested Citation

  • Robert Lawson & James Dean, 2021. "Who gains from economic freedom? A panel analysis on decile income levels," Economics and Business Letters, Oviedo University Press, vol. 10(2), pages 102-106.
    • Handle: RePEc:ove:journl:aid:15513
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/15513
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    Cited by:

    1. Callais, Justin T. & Young, Andrew T., 2023. "A rising tide that lifts all boats: An analysis of economic freedom and inequality using matching methods," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 744-777.
    2. Anand Sharma & Vipin Sharma & Shekhar Tokas, 2022. "Institutional quality and health outcomes: evidence from the EU countries," Economics and Business Letters, Oviedo University Press, vol. 11(2), pages 70-78.

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