Market‐oriented institutions and policies and economic growth: A critical survey
批判性评述了使用弗雷泽研究所经济自由指数的研究，指出其缺陷，但认为经济自由化仍促进增长，并回顾了经济自由的决定因素。
Abstract. This paper surveys recent evidence suggesting that market‐oriented institutions and policies are strongly related to economic growth, focusing on studies using the economic freedom (EF) indicator of the Fraser Institute. This index is critically discussed. Also various serious shortcomings of empirical studies using this index are identified. Nevertheless, there are strong indications that liberalization, i.e. an increase in the EF index, stimulates economic growth. This paper also reviews studies on the determinants of EF. Political liberalization is often found to enhance economic liberalization, whereas there is less evidence for causality running in the other direction.