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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9918 |
DP9918 Economic Freedom in the Long Run: Evidence from OECD Countries (1850-2007 | |
Leandro Prados de la Escosura | |
发表日期 | 2014-03-23 |
出版年 | 2014 |
语种 | 英语 |
摘要 | This paper presents historical indices for the main dimensions of economic freedom and an aggregate index for nowadays developed countries -(pre-1994) OECD, for short-. Economic liberty expanded over the last one-and-a-half centuries, reaching two thirds of its maximum possible. Its evolution has been, however, far from linear. After a substantial improvement since mid-nineteenth century, World War I brought a major setback. The post-war recovery up to 1929 was followed by a dramatic decline in the 1930s and significant progress took place during the Golden Age but fell short from the pre-World War I peak. A steady expansion since the early 1980s has resulted in the highest levels of economic liberty of the last two centuries. Each main dimension of economic freedom exhibited a distinctive trend and its contribution to the aggregate index varied over time. Nonetheless, improved property rights provided the main contribution to the long-run advancement of economic liberty. |
主题 | Economic History |
关键词 | Economic liberty Negative freedom Oecd |
URL | https://cepr.org/publications/dp9918 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538752 |
推荐引用方式 GB/T 7714 | Leandro Prados de la Escosura. DP9918 Economic Freedom in the Long Run: Evidence from OECD Countries (1850-2007. 2014. |
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