International Journal of Business and Economics Volume 1, No. 3 December, 2002

On the Measurement of Comparative Economic Freedom across Nations

Jac C. Heckelman

Department of Economics, Wake Forest University, U.S.A.

Abstract

The measurement of economic freedom is discussed. One particular set of freedom indi-ces developed by Heritage Foundation is detailed, including how the indices are constructed and potential problems in the methodological design. Comparisons are made for the different levels of freedom individual nations and regions achieve.

Keywords：economic freedom, methodology.

JEL Classifications：H10, P50.

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