Often it is maintained that economic freedom may further high levels of economic growth. Using various measures of economic freedom constructed by G. W. Scully and D. J. Slottje (1991), the robustness of this relationship is examined. Both direct and indirect effects of lack of liberties are...

We argue that the finding of Hausmann et al. (2005) that a political regime change increases the probability of an economic growth acceleration is wrong and the result of an error in their database. When we correct for this error and stick to the definition of regime change of Hausmann et al.,...