Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl


2013 | 3/2 | 261-275

Article title

Państwo a wolność gospodarcza w czasie kryzysu gospodarczego lat 2007–2009. Przykład krajów wysoko rozwiniętych


Title variants

Sovereign state and economic freedom in terms of financial crisis (2007-2009): case of developed countries

Languages of publication



The aim of a paper is to analyze, whether economic crisis 2007–2009 had an impact on economic freedom in developed G7 countries. A scope of analysis is 1996–2012. Determinants are three subindex of Index of Economic Freedom published by Heritage Foundation (Fiscal Freedom, Government Spending, Monetary Freedom). A method is Chow test for structural instability. The main result is that only in USA and UK there were structural breaks in case of subindex Governance Spending during economic crisis (2007–2009).






Physical description



  • Dawson J.W., Causality in the freedom-growth relationship, „European Journal of Political Economy” 2003, vol. 19 Haan de J., Siermann C.L.J., Further evidence on the relationship between economic freedom and economic growth, „Public Choice” 1998, vol. 95, no. 3–4 Chow G.C., Tests of equality between sets of coeffi cients in two linear regressions, „Econometrica” 1960, vol. 28 (3) Vanssay de X., Spindler Z.A., Freedom and growth. Do constitutions matter?, „Public Choice” 1994, vol. 78, no. 3–4 Easton S.T., Walker M.A., Income, growth, and economic freedom, “AEA Papers and Proceedings” 1997, vol. 87, no. 2 Farr W.K., Lord R.A., Wolfenbarger J.L., Economic freedom, political freedom, and economic well-being. A causality analysis, „Cato Journal” 1998, vol. 18, no. 2 Fiedor B., Kryzys gospodarczy a kryzys ekonomii jako nauki, „Ekonomista” 2010, nr 4 Fraser Institute, Economic Freedom of the World, www.freetheworld.com Godłów-Legiędź J., Zawodność rynku, państwa i ekonomii z perspektywy kryzysu fi nansowego, w: Ekonomia i prawo. Zawodności rynku–zawodności państwa–etyka zawodowa, cz. 2, red. B. Polszakiewicz, J. Boehlke, UMK, Toruń 2010 Gwartney J., Holcombe R., Lawson R., Economic freedom and the environment for economic growth, „Journal of Institutional and Theoretical Economics” 1999, vol. 155, iss. 4 Hanke S.H., Walters S.J.K., Economic freedom, prosperity, and equality: a survey, „Cato Journal” 1997, vol. 17, no. 2 Hanson J.R., Prosperity and economic freedom. A virtuous cycle, „The Independent Review” 2000, vol. 4, no. 4 Heckelman J.C., Economic freedom and economic growth. A short-run causal investigation, „Journal of Applied Economics” 2000, vol. 3, no. 1 http://www.heritage.org/index/ (dostęp 19.05.2013). Justesen M.K., The effect of economic freedom on growth revisited. New evidence on causality from a panel of countries 1970–1999, “European Journal of Political Economy” 2008, vol. 24, no. 3 Mankiw N.G, Weinzierl M., An exploration of optimal stabilization policy, „Brookings Papers on Economic Activity” 2011, Economic Studies Program, The Brookings Institution, vol. 42, no. 1 O’Driscoll G.P. Jr., Feulner E.J., O’Grady M.A., Index of economic freedom, The Heritage Foundation Washington DC and Dow Jones and Company, Inc., New York 2004 Piątek D., Pilc M., Szarzec K., Economic freedom, democracy and economic growth. A causal investigation within transition countries, “Post-Communist Economies” 2013 (w druku) Szarzec K., Państwo w gospodarce. Studium teoretyczne – od Adama Smitha do współczesności, Wydawnictwo Naukowe PWN, Warszawa 2013 The World Economic Outlook (WEO) database, april 2013 edition, IMF Waldron J, The rule of law in contemporary liberal theory, w: Liberalism. Critical concepts in political theory, red. G.W. Smith, Routledge, London–New York 2002, t. 2 Weede E., Economic freedom and development. New calculations and interpretations, „Cato Journal” 2006, vol. 26, no. 3 Wu W., Davis O.A., The two freedoms, economic growth and development. An empirical study, “Public Choice” 1999, no. 100 (1–2)

Document Type

Publication order reference


YADDA identifier

JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.