چکیده:
Freedom of choice and competition are viewed as vital factors for economic growth. In this paper، we use a growth model to examine the impact of economic freedom on the economic growth across the world countries for the period 1999-2004. Our study differs from the previous studies in terms of the modeling، the scope of the study، and the selected sample. The results، however، are consistent with those of the previous studies. Given the fact that Iran’s position in the world is low in terms of economic freedom، that economic freedom has a significant role in economic growth، it is necessary for investors and firms to have suitable conditions for transparent and accurate decision-making. Creation of the favorable economic conditions is the responsibility of the government and thus، it is necessary to have defined policies and planning for the establishment of conditions for economic freedom in the society. Creation of social condition for economic freedom of economic agents is a convenient orientation that is favorable with economic growth policies and must be internalized in the Iran's economic policies.
خلاصه ماشینی:
To put it better, what has been emphasized in growth theories as the main pillars of economic growth, and which empirical studies have also emphasized in terms of related policy recommendations, are realized in the decision-making conditions of production enterprise management1.
2. Presentation of a model for the empirical investigation of the impact of economic freedom conditions on economic growth Using the perspective obtained from the theoretical foundations reviewed in the previous section and using statistical information of macro variables related to different countries in a global sample, we intend in this section to empirically test the effect of the composite index of economic freedom on the economic growth of various countries within the framework of an economic growth model.
The analysis of the subject within the framework of the economic growth model is important to us from two aspects: 1) relating growth models to the behavioral foundations of economic enterprises in the environmental conditions of the economy, 2) providing a new pattern for the empirical study of the relationship between the composite index of economic freedom and economic growth.
In the third part, we present and analyze the results of the estimation of the empirical growth model (taking into account the composite index of economic freedom) using information and statistics from a sample of different countries in the years 1999-2004.
Results related to the estimation of the growth equation in the period 1999-2004, considering the effect of the composite economic freedom index (refer to page image) Explanation: 1.
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