Variable | Measurement | Era | Code | N | Source |
---|---|---|---|---|---|
Government size (negative freedom) | Government consumption | 2000 | GovConsumption1_2000 | 88 | Gwartney & Lawson 2006 |
2005 | GovConsumption1_2005 | 125 | |||
2006 | GovConsumption1_2006 | 138 | |||
Transfers and subsidies | 2000 | GovTranfers1_2000 | 79 | ||
2005 | GovTransfers1_2005 | 99 | |||
2006 | GovTransfers1-2006 | 115 | |||
Government enterprises and investments | 2000 | GovEnterprises1_2000 | 88 | ||
2005 | GovEnterprises1_2005 | 106 | |||
2006 | GovEnterprises1_2006 | 115 | |||
Top marginal tax rate | 2000 | GovTaxRate1_2000 | 79 | ||
2005 | GovTaxRate1_2005 | 99 | |||
2006 | GovTaxRate1_2006 | 117 | |||
Index of 1) goverment consumption, 2) transfers and subsidies, 3) government enterprises and investments, 4) top marginal tax rate | 2005 | GovernmentSize1_2005 | 121 | ||
2006 | GovernmentSize1_2006 | 138 | |||
Legal structures and security of property rights (positive freedom) | Index of 1) judicial independence, 2) impartial courts, 3) protection of intellectual property, 4) no military interference, 5) integrity of legal system | 2000 | LegalSecurity1_2000 | 88 | |
2001 | LegalSecurity1_2001 | 88 | |||
2002 | LegalSecurity1_2002 | 88 | |||
2006 | LegalSecurity1_2006 | 117 | |||
Access to sound money (positive freedom) | Index of 1) growth of money supply, 2) inflation and variability, 3) recent annual inflation, 4) freedom to own foreign currency. | 2000 | SafeMoney11_2000 | 88 | |
2001 | SafeMoney1_2001 | 88 | |||
2002 | SafeMoney_2002 | 88 | |||
2006 | SafeMoney_2006 | 138 | |||
Freedom to trade internationally (positive) | Index of 1) taxes on international trade, 2) regulatory trade barriers, 3) size of trade sector, 4) official vs black market exchange rate, 5) restrictions on capital markets | 2000 | FreeTrade1_2000 | 88 | |
2001 | FreeTrade1_2001 | 88 | |||
2002 | FreeTrade1_2002 | 88 | |||
2006 | FreeTrade1_2006 | 138 | |||
Regulation of credit, labour and business (negative) | Regulation of credit market | 2000 | MarketRegulationCredit1_2000 | 87 | |
2006 | MarkerRegulationCredit1_2006 | 140 | |||
Regulation of labour market | 2000 | MarketRegulationLabor1_2000 | 70 | ||
2006 | MarketRegulationLabor1_2006 | 137 | |||
Regulation of business | 2000 | MarketRegulationBusiness1_2000 | 70 | ||
2006 | MarketRegulationBusiness1_2006 | 137 | |||
Index of 1) regulation of credit market, 2) regulation of labour market, 3) regulation of business | 2000 | MarketRegulationIndex1_2000 | 89 | ||
2001 | MarketRegulationIndex1_2001 | 88 | |||
2002 | MarketRegulationIndex1_2002 | 88 | |||
2006 | MarketRegulationIndex1_2006 | 137 | |||
Regulation of labor market (items in index of MarketRegulationLabor1) | Minimum wage | 2006 | LaborMinimumWage1_2006 | 135 | |
Hiring and firing regulations | 2006 | LaborHireFire1_2006 | 114 | ||
Centralized collective bargaining | 2006 | LaborContralBargain1_2006 | 119 | ||
Mandated cost of hiring | 2006 | LaborCostHiring1-2006 | 135 | ||
Mandated cost of worker dismissal | 2006 | LaborCostDismissal1_2006 | 135 | ||
Freedom to own property | Criteria are: Is the right to property recognized by law? Is the right to intellectual property protected? Does the legal system give effect to the right to property? Are there restrictions on selling, exchanging or devising property? Can individuals structure their property holdings among themselves as they choose? Scale 0-3 | 1995-96 | FreeProperty3_1995 | 69 | Messick 1996 table 4 |
Freedom to earn a living | Scale 0-3 | 1995-96 | FreeEarnings3_1995 | 68 | |
Freedom to operate a business | Scale 0-3 | 1995-96 | FreeBusiness3_1995 | 67 | |
Freedom to invest one’s earnings | Scale 0-3 | 1995-96 | FreeInvestment3_1995 | 64 | |
Freedom to trade internationally | Scale 0-2 | 1995-96 | FreeTrade3_1995 | 68 | |
Freedom to participate in a market economy | Scale 0-2 | 1995-96 | FreeMarket3_1995 | 68 | |
Free trade | Index of a) weighed average tax rate, b) non-tariff barriers, c) corruption in customs service Rated: 1 (free) to 5 (unfree) | 1995 | RestrictTrade2_1995 | 78 | Heritage foundation |
2000 | RestrictTrade2_2000 | 103 | |||
2005 | RestrictTrade2_2005 | 102 | |||
Index of a) trade weighed average tariff, b) non-tarif barriers Rated 0 (unfree) to 100 (free) | 2006 | FreeTrade2_2006 | 155 | ||
Fiscal freedom | Index of a) top marginal income tax rate, b) top marginal corporate tax rate, c) year-to-year change in government expenditures as % GDP Rated: 1 (free) to 5 (unfree) | 1995 | FiscalBurden2_1995 | 78 | |
2000 | FiscalBurden2_2000 | 103 | |||
2005 | FiscalBurden2_2005 | 102 | |||
Idem, rated 0 (unfree) to 100 (free) | 2006 | FiscalFreedom2_2006 | 155 | ||
Goverment intervention (size) | Index of a) governmant consumption in % of economy, b) government ownership of business, c) share of government revenues from state-owned enterprises and property, d) economic output produced by goverment Rated: 1 (free) to 5 (unfree) | 2000 | GoverbmentSize2_2000 | 103 | |
2005 | GovernmentSize2_2005 | 102 | |||
Government expenditures, including government consumption and transfers in % GDP | 2006 | GovIntervention2_2006 | 155 | ||
Monetary policy | Weighted average inflation rate over the last 10 years Rated: 1 (free) to 5 (unfree) | 1995 | InflationRate2_1995 | 78 | |
2000 | InflationRate2_2000 | 103 | |||
2005 | InflationRate2_2005 | 102 | |||
Index of a) weighted average inflation rate over the last 3 years, b) price controls | 2006 | MonetaryFreedom2_2006 | 156 | ||
Free investment | Index of a) foreign investment code, b) restrictions to foreign ownership of business, c) restrictions on industries and companies open to foreign investors, d) restrictions and performance requirements on foreign companies, e) foreign ownership of land, f) equal treatment under the law for both foreign and domestic companies, g) restrictions on repatriation of earnings, h) restrictions on capital transactions, i) availability of local financing for foreign companies Rated: 1 (free) to 5 (unfree) | 1995 | RestrictForeignInvest2_1995 | 78 | |
2000 | RestrictForeignInvest2_2000 | 103 | |||
2005 | RestrictForeignInvest2_2005 | 102 | |||
Idem: rated 0 (unfree) to 100 (free) | 2006 | InvestmentFreedom2_2006 | 154 | ||
Monetary freedom | Index of a) government ownership of financial institutions, b) restrictions on foreign banks, c) government influence over the allocation of credit, d) government regulations that inhibit financial activity, e) freedom to offer all types of financial services, securities and insurance policies Rated: 1 (free) to 5 (unfree) | 1995 | RestrictBanks2_1995 | 78 | |
2000 | RestrictBanks2_2000 | 103 | |||
2005 | RestrictBanks2_2005 | 102 | |||
Idem, rated 0 (unfree) to 100 (free) | 2006 | FinancialFreedom2_2006 | 156 | ||
Labor freedom | Index of a) minimum wage laws, b) freedom to set prices, c) government price controls, d) extent to which government price controls are used, e) government subsidies to businesses that affect prices Rated: 1 (free) to 5 (unfree) | 1995 | ControlWagesPrices2_1995 | 78 | |
2000 | ControlWagesPrices2_2000 | 103 | |||
2005 | ControlWagesPrices2_2005 | 102 | |||
Idem: rated 0 (unfree) to 100 (free) | 2006 | LabourFreedom2-2006 | 156 | ||
Property rights | Index of: a) freedom of government influence over the juridical system, b) commercial code defining contracts, c) sanctioning of foreign arbitration of contract disputes, d) government expropriation of property, e) corruption within the judiciary, f) delays in receiving juridical decisions and/or enforcement, g) legally protected and granted property Rated: 1 (free) to 5 (unfree) | 1995 | RestrictProperty2_1995 | 78 | |
2000 | RestrictProperty2 | 103 | |||
2005 | RestrictProperty2_2005 | 102 | |||
Idem, rated 0 (free) to 100 (unfree) | 2006 | PropertyRights2_2006 | 155 | ||
Free business | Index of a) licensing requirements to operate a business, b) ease of obtaining a business license, c) corruption within the bureaucracy, d) labor regulations such as established work weeks, paid vacations and parental leave, as well as selected labor regulations, e) environmental, consumer safety, and worker health regulations, f) regulations that impose a burden on business Rated: 1 (free) to 5 (unfree) | 1995 | RegulationBusiness2_1995 | 77 | |
2000 | RegulationBusiness2_2000 | 103 | |||
2005 | RegulationBusiness2_2005 | 102 | |||
Idem: Rated 0 (unfree) to 100 (free) | 2006 | BusinessFreedom2_2006 | 156 | ||
Informal market | Index of a) smugling, b) piracy of intellectual property in the informal market, c) agricultural production supplied by the informal market, d) manufacturing supplied by the informal market, e) services supplied on the informal market, f) transportation supplied on the informal market, g) labor supplied on the informal market Rated: 1 (free) to 5 (unfree) | 1995 | InformalMarket2_1995 | 78 | |
2000 | InformalMarket2_2000 | 103 | |||
2005 | InformalMarket2_2005 | 102 | |||
Fraser index (1) | Index of 1) size of government (-), 2) property rights (+), 3) access to sound money (+), 4) freedom to trade internationally (+), 5) regulation of credit labour and business (-) | 1990 | FreeEconIndex1_1990 | 80 | Gwartney & Lawson 2006 |
1995 | FreeEconIndex1_1995 | 89 | |||
2000 | FreeEconIndex1_2000 | 89 | |||
2001 | FreeEconIndex1_2001 | 88 | |||
2002 | FreeEconIndex1_2002 | 88 | |||
2005 | FreeEconIndex1_2005 | 137 | |||
2006 | FreeEconIndex1_2006 | 138 | |||
Freedom House Index (3) | Index of freedom to 1) own property, 2) earn a living, 3) operate a business, 4) invest earnings, 5) trade internationally, 6) operate a market | 1995-96 | FreeEconIndex3_1995 | 69 | Messick 1996 table 4 |
Heritage Index (2) | Index of 1) limitations to trade, 2) fiscal burden, 3) government intervention, 4) monitary policy, 5) limitations to foreign investment, 6) limitations to banking, 7) Control of wages and prices, 8) limitations to property rights, 9) regulation, 10) informal market | 1995 | FreeEconIndex2_1995 | 78 | www.heritage.org |
1999 | FreeEconIndex2_9199 | 105 | |||
2000 | FreeEconIndex2_2000 | 103 | |||
2002 | FreeEconIndex2_2002 | 103 | |||
2005 | FreeEconIndex2_2005 | 102 | |||
2007 | FreeEconIndex2_2007 | 155 | |||
2010 | FreeEconIndex2_2010 | 173 | |||
Index of 1) free trade, 2) fiscal freedom, 3) freedom of government intervention, 4) monetary freedom, 5) free investment, 6) free banking, 7) free wages, 8) property rights, 9) free business, 10) control of corruption | 2006 | FreeEconIndex2B-2006 | 155 |
Related topics: Economic competitiveness, Income
Related themes: Economy, Freedom, Inequality
The dataset States of Nations is about characteristics of countries in periods (macro variables). It is part of the World Database of Happiness. Though developed for the identification of societal conditions for happiness, this source can also be used for other purposes.