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Economics

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Topics in Middle Eastern and North African Economies

2014

Economic Freedom

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Full-Text Articles in Social and Behavioral Sciences

Quantitative Evaluation Of The Struggle Of Economic Performance: The Case Of Mena Countries, Noha Emara Sep 2014

Quantitative Evaluation Of The Struggle Of Economic Performance: The Case Of Mena Countries, Noha Emara

Topics in Middle Eastern and North African Economies

The recent political uprising in the Middle East and North African (MENA) economies shines the light on evaluating the so-called structural reforms that are aimed at achieving economic freedom. This paper examines the impact of liberal policies on the economic performance of labor and capital productivity in MENA economies. Using nonlinear Panel Least Squares regression with regional dummies and period fixed effects (LSDV) for a sample of 18 MENA countries over the period 1995-2009, the study estimates the impact of different aspects of economic freedom on labor and capital productivity. The economic freedom measure encompass different areas, including freedom of …