How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach

Serpil Kılıç Depren
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引用次数: 1

Abstract

The s ignificance of the Economic Freedom Index (EFI) dimensions as influencing fac tors of the Ease of Doing Business Index (EDB) has been increasing in recent years. The main purpose of this study is to examine the nexus between the dimensions of EFI and EDB using 160 countries between 2017 and 2019. Considering that the impact of EFI dimensions on the different levels of EDB may differ, the Quantile Regression Mixture Model approach is applied in this study. Thus, the impact of the dimensions of EFI on EDB will be analyzed in different quantiles. The results show that there are five different clusters where the impact of the dimensions of EFI on EDB are differentiated. The major finding of this study is that Property Rights, Trade Freedom, and Business Freedom are the most important factor affecting EDB. As a result of the study, it is shown that different action plans should be created for each cluster to
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经济自由如何影响经商的便利性?跨国分位数混合回归法
近年来,经济自由指数(EFI)维度作为营商环境便利指数(EDB)的影响因素的重要性不断提高。本研究的主要目的是研究2017年至2019年间160个国家的EFI和EDB维度之间的关系。考虑到EFI维度对不同水平EDB的影响可能不同,本研究采用分位数回归混合模型方法。因此,EFI的维度对EDB的影响将在不同的分位数上进行分析。结果表明,在5个不同的集群中,EFI维度对EDB的影响是不同的。本研究的主要发现是产权、贸易自由和商业自由是影响经济发展的最重要因素。研究结果表明,应针对每个集群制定不同的行动计划
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