期刊名称：International Journal of Economics and Research
电子版ISSN：2229-6158
出版年度：2011
卷号：2
期号：1
页码：37-46
出版社：Sanben Agency
摘要：This study empirically investigates of the impact on per capita real economic growth of property rights freedom. After controlling for nominal long term interest rates, net exports, a measure of political stability, and other factors, panel least squares as well as panel two stage least squares estimations using a four-year panel data set for the OECD nations as a group reveal that higher levels of property rights freedom lead to an increased rate of per capita real economic growth. Furthermore, it is found that whereas higher nominal long term interest rates lead to diminished economic growth net export growth and greater political stability enhance economic growth.
关键词：Property rights freedom; Per capita real GDP growth
