Liberdade econômica e indicadores socioeconômicos no mundo: um estudo para o período de 1995 a 2017

Abstract

This study aimed to verify the existence of a significant and positive influence of economic freedom on socioeconomic development indicators worldwide. The initial hypothesis was that there is a positive correlation between the both. In order to ascertain its acceptance, the explanatory variable, economic freedom, was defined, and the institutions responsible for its measurement were identified, as well as those that provide the database for the selected variables in order to represent socioeconomic development. The presence of a statistically significant correlation between the variables was verified and quantified, corroborated by the conjunctural analysis, although not necessarily in the sense presupposed by the initial hypothesis. In addition, linear regressions were performed using Software R, considering the method of Ordinary Least Squares, which provided data on the intercepts, coefficients of each explanatory variable and coefficient of determination, the first two of which were accompanied by their statistical significance. The Microsoft Excel Software was used to obtain the correlation coefficients. Thus, it was concluded that economic freedom can be an influential and positive factor in the generation of socioeconomic development in the world, thus confirming the acceptance of the initial hypothesis of work, with exceptions to the perception of corruption component, which presented an inverse correlation to that expected.