摘要:In this paper we will present the results of our survey on economic freedom,and its impact on economic growth in Bosnia and Herzegovina and Republic of Croatia.To measure economic freedom we will use the Index of Economic Freedom published by the Heritage Foundation in cooperation with the Wall Street Journal.Our basic assumption is that increase of the economic freedom will lead to the real GDP growth.To test our assumption,we will use the regression analysis.We find that economic freedom has strong but different impact on GDP growth for both countries.
关键词:Economic Freedom;the Index of Economic Freedom;economic growth