Modeling Economic Output and Economic Growth with respect to Economic Freedom : A comparative study of developing and developed countries / Modellering av ekonomisk produktion och tillväxt med hänsyn till ekonomisk frihet : En jämförande studie av utvecklings- och utvecklade länder

Description

This Bachelor thesis is an empirical comparative study examining the relationship between economic performance and economic freedom in two sample groups consisting of 25 developed and 25 developing countries respectively. The relationship is analyzed with results from ordinary and robust linear regressions using an extended Solow-Swan exogenous growth model. The obtained results show a significant positive correlation between economic freedom and economic output (GDP/capita), while the correlation is shown to be insignificant for economic growth.

Links & Downloads

1. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-170153

Tags

Mathematical Analysis

Matematisk analys

Additional Fields

Identifer	oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kth-170153
Date	January 2015
Creators	Johansson, Erik, Tretow, Erik
Publisher	KTH, Matematisk statistik
Source Sets	DiVA Archive at Upsalla University
Language	English
Detected Language	English
Type	Student thesis, info:eu-repo/semantics/bachelorThesis, text
Format	application/pdf
Rights	info:eu-repo/semantics/openAccess
Relation	TRITA-MAT-K ; 2015:10