论文部分内容阅读
本文分别使用世界各国的截面数据和中国的时间序列数据分析经济自由度指数与经济增长率的关系。结果表明,在控制了劳动力人口、资本存量以及人力资本等变量后,经济自由度与经济增长率之间存在非常密切的正向(因果)关系。我们的工作不仅为亚当.斯密的自由经济理论提供了新证据,而且证明了中国的经济增长正是得益于经济自由度的提高,中国并不是自由经济理论的一个例外。
This paper analyzes the relationship between economic freedom index and economic growth rate by using cross-sectional data from all countries in the world and China’s time-series data. The results show that there is a very close positive (causal) relationship between economic freedom and economic growth after controlling for such variables as labor force, capital stock and human capital. Our work not only provides new evidence for Adam Smith’s theory of free economy, but also proves that China’s economic growth has benefited from the improvement of economic freedom. China is not an exception to the theory of free economy.