A Random Walk to Economic Freedom?
Given the wide use of economic freedom in economic literature it is imperative to understand how economic freedom evolves. Results suggest that levels of economic freedom are dominated by random shocks. Using a test for stationarity devised by Westerlund and Larsson (2012) we are unable to reject th...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Università Carlo Cattaneo LIUC
2013-04-01
|
Series: | The European Journal of Comparative Economics |
Subjects: | |
Online Access: | http://eaces.liuc.it/18242979201301/182429792013100102.pdf |