Inflation & Economic Freedom: Evidence from MENA Region
Abstract
Since1980s economic freedom policies have been popular in most countries, especially in developing countries. There are many studies regarding relationship between economic freedom and other socio-economic variables, but few dealt directly with the impact of economic freedom on inflation. This study analyses the effect of economic freedom on inflation in MENA region during 1996- 2006 using panel data regression analysis on the basis of the so- called Gordon theory. Our findings indicate that although the impact of economic freedom on inflationis not considerable butit is statistically significance.Downloads
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