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The dynamic properties of institutional reform: an analysis of US states

机译:机构改革的动态属性:对美国国家的分析

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摘要

Decades of research show that economic freedom is highly correlated with desirable economic outcomes both internationally and locally. Yet we still know little about the transition from low to high levels of economic freedom, particularly for institutions under local control. This research shows that while economic freedom in the United States is decreasing with regard to institutions under national control, it is increasing with regard to institutions under state and local control. Economic freedom increases gradually among the states, driven primarily by increasing labor market freedom. Decreases in economic freedom, on the other hand, occur sharply, often following stark changes to state fiscal policies.
机译:几十年的研究表明,经济自由与国际和当地的理想经济结果高度相关。然而,我们仍然对从低到高水平的经济自由的过渡,特别是在当地控制下的机构。本研究表明,虽然美国经济自由在国家控制下的机构方面正在减少,但在国家和地方控制的机构方面正在增加。经济自由在各州逐渐增加,主要推动劳动力市场自由。另一方面,经济自由减少,剧烈发生,常见于陈述财政政策。

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