Effect of various dimensions of economic freedom and national culture on human development based on data of UN, Fraser Institute, Hofstede, World Bank, 1970-2019
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'The implementation of pro-market policies and institutions is often suggested for enhancing a country’s development. However, implementing pro-market policies and institutions has a mixed track record. Some have ascribed the bad results to the neglect of people’s predispositions, often described as culture. In this study, we argue that successful implementation of pro-market policies and institutions requires that large parts of the population know how to use the resulting freedom in a way that can bring long term benefits. A panel analysis on a sample of 67 countries from 1970 to 2019 confirms this theoretical argument. We find that Long Term Orientation increases the effect of economic freedom on income per capita, whereas Uncertainty Avoidance weakens the positive relationship between economic freedom and income per capita. The polic' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Economic Development","Economic Freedom","Economics","Hofstede","Long-term Orientation","National Culture","Tilburg University","Uncertainty Avoidance"]} <|eot_id|>
 Here is the Description of a dataset. Description:'The implementation of pro-market policies and institutions is often suggested for enhancing a country’s development. However, implementing pro-market policies and institutions has a mixed track record. Some have ascribed the bad results to the neglect of people’s predispositions, often described as culture. In this study, we argue that successful implementation of pro-market policies and institutions requires that large parts of the population know how to use the resulting freedom in a way that can bring long term benefits. A panel analysis on a sample of 67 countries from 1970 to 2019 confirms this theoretical argument. We find that Long Term Orientation increases the effect of economic freedom on income per capita, whereas Uncertainty Avoidance weakens the positive relationship between economic freedom and income per capita. The polic' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
The implementation of pro-market policies and institutions is often suggested for enhancing a country’s development. However, implementing pro-market policies and institutions has a mixed track record. Some have ascribed the bad results to the neglect of people’s predispositions, often described as culture. In this study, we argue that successful implementation of pro-market policies and institutions requires that large parts of the population know how to use the resulting freedom in a way that can bring long term benefits. A panel analysis on a sample of 67 countries from 1970 to 2019 confirms this theoretical argument. We find that Long Term Orientation increases the effect of economic freedom on income per capita, whereas Uncertainty Avoidance weakens the positive relationship between economic freedom and income per capita. The polic
Economic Development; Economic Freedom; Economics; Hofstede; Long-term Orientation; National Culture; Tilburg University; Uncertainty Avoidance