Monday, January 18, 2010

Examining correlations (economic development & performance)

For the purposes of week 2, some of you may be interested in examining the correlations between economic freedoms (or the degree to which markets are free) and economic performance.

What to do with the data is something you should figure out for yourselves, but the two sources here should give you a start:

Index of Economic Freedom
GDP/capita (from CIA World Factbook)
World Bank "Growth of Output" (GDP growth)

There are plenty of other sources that can help you as well. You may wish to use a website that has been set up by Mr. Grefe at the Library:

Politics 105 Course Guide

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