The convergence dynamics of economic freedom across U.S. states.

This study tests for convergence in economic freedom across the 50 U.S. states from 1981 to 2019. In particular, we test for stochastic convergence in overall economic freedom using unit root tests that account for structural breaks and bounded processes, two sources of parameter instability. We fin...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 89; no. 4; pp. 1216 - 1242
Main Authors:	Payne, James E., Saunoris, James W., Nazlioglu, Saban, Karul, Cagin
Format:	Article
Published:	Wiley-Blackwell Apr2023
Subjects:	Economic convergence Economic liberty Stochastic convergence
Online Access:	View this record in EBSCOhost