Distribution of Economic Freedom [based primarily on 2006 data]
The Heritage Foundation’s
2007 Index of Economic Freedom
measures and ranks 161
countries using an index calculated as the simple average of 10 indices in the following areas:
- regulation (business freedom)
- trade (trade freedom)
- fiscal (fiscal freedom)
- government (freedom from government)
- monetary (monetary freedom)
- investment (investment freedom)
- financial (financial freedom)
- property rights
- corruption (freedom from corruption)
- labor (labor freedom)
The “Fiscal Freedom Score” is based on:
- Income tax rate
- Corporate tax rate
- Total tax revenue
Methodology: Measuring the 10 Economic Freedoms
The “raw data” was also available for download from http://www.heritage.org. Here is the archive.org copy of the download page:
Note: The 2007 methodology differs from that used previously. Labor
freedom has also been added as a variable.
Timothy Kane, Kim R. Holmes, Mary Anastasia O’Grady.
2007 Index of Economic Freedom: The Link Between Economic Opportunity and Prosperity.
13th edition, Jan 16, 2007.
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