Economic freedom in EU periphery: recent developments of disparities in economic freedom areas between center and periphery countries


Georgios Archontas
Constantinos Saravakos
Abstract

This paper seeks to explore differences in economic freedom among EU center and periphery countries. We use a sample of the 27 current member states during the 2015-2019 period and we employ a Mann-Whitney test, which yields statistically significant and robust results on disparity in Size of Government and Legal System & Property Rights and less robust results in Regulation among EU center and periphery countries. EU center and periphery countries seem to be closer in the Overall economic freedom score, Sound Money, and Freedom to Trade Internationally areas of economic freedom.


Keywords: economic freedom, center-periphery cleavage, EU integration, EU economic policy.


 

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Author Biographies
Georgios Archontas, Center for Liberal Studies

PhD in Political Philosophy and Economic Theory, Panteion University of Political and Social Science; Head of Educational Programs at the Center for Liberal Studies.

Constantinos Saravakos, University of Macedonia, Center for Liberal Studies

PhD candidate, Department of International and European Studies, University of Macedonia; Research Coordinator at the Center for Liberal Studies.