Document Type
Working Paper
Publication Date
2017
College/Unit
Chambers College of Business and Economics
Document Number
17-26
Department/Program/Center
Economics
Abstract
We investigate the effects of economic freedom (marketization) on governance efficiency defined with the newest provincial level economic indicator data (NBSC, 2017) and economic freedom data (Fan et al., 2017) from 2008 to 2014 in China. With two different measures, the results suggest that economic freedom is positively correlated with governance efficiency. Moreover, the liberalization and marketization progress in the “factors market” is the single most significant area for both governance efficiency measures, while other areas like “market intermediary & legal system” have no significant effects.
Digital Commons Citation
Jia, Shaoment and Zhou, Yang, "Economic Freedom and Governance Efficiency: Recent Evidence from China" (2017). Economics Faculty Working Papers Series. 241.
https://researchrepository.wvu.edu/econ_working-papers/241