How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach

Serpil Kılıç Depren; Özer Depren

How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach

Abstract

The significance of the Economic Freedom Index (EFI) dimensions as influencing factors of the Ease of Doing Business Index (EDB) has been increasing in recent years. The main purpose of this study is to examine the nexus between the dimensions of EFI and EDB using 160 countries between 2017 and 2019. Considering that the impact of EFI dimensions on the different levels of EDB may differ, the Quantile Regression Mixture Model approach is applied in this study. Thus, the impact of the dimensions of EFI on EDB will be analyzed in different quantiles. The results show that there are five different clusters where the impact of the dimensions of EFI on EDB are differentiated. The major finding of this study is that Property Rights, Trade Freedom, and Business Freedom are the most important factor affecting EDB. As a result of the study, it is shown that different action plans should be created for each cluster to increase EDB.

Keywords

References

The article references can be accessed from the .pdf file.

Details

Primary Language

English

Subjects

Industrial Biotechnology

Journal Section

Research Article

Authors

Serpil Kılıç Depren This is me
0000-0003-4737-7131
Türkiye

Özer Depren This is me
0000-0001-8948-5742
Türkiye

Publication Date

November 17, 2021

Submission Date

October 31, 2020

Acceptance Date

December 23, 2020

Published in Issue

Year 2021 Volume: 39 Number: 4

IZ

https://izlik.org/JA85GK88SH

Cite

RIS / Bibtex

APA

Kılıç Depren, S., & Depren, Ö. (2021). How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach. Sigma Journal of Engineering and Natural Sciences, 39(4), 434-442. https://izlik.org/JA85GK88SH

AMA

1.Kılıç Depren S, Depren Ö. How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach. SIGMA. 2021;39(4):434-442. https://izlik.org/JA85GK88SH

Chicago

Kılıç Depren, Serpil, and Özer Depren. 2021. “How Economic Freedom Affect the Ease of Doing Business? Cross-Country Quantile Regression Mixture Approach”. Sigma Journal of Engineering and Natural Sciences 39 (4): 434-42. https://izlik.org/JA85GK88SH.

EndNote

Kılıç Depren S, Depren Ö (November 1, 2021) How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach. Sigma Journal of Engineering and Natural Sciences 39 4 434–442.

IEEE

[1]S. Kılıç Depren and Ö. Depren, “How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach”, SIGMA, vol. 39, no. 4, pp. 434–442, Nov. 2021, [Online]. Available: https://izlik.org/JA85GK88SH

ISNAD

Kılıç Depren, Serpil - Depren, Özer. “How Economic Freedom Affect the Ease of Doing Business? Cross-Country Quantile Regression Mixture Approach”. Sigma Journal of Engineering and Natural Sciences 39/4 (November 1, 2021): 434-442. https://izlik.org/JA85GK88SH.

JAMA

1.Kılıç Depren S, Depren Ö. How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach. SIGMA. 2021;39:434–442.

MLA

Kılıç Depren, Serpil, and Özer Depren. “How Economic Freedom Affect the Ease of Doing Business? Cross-Country Quantile Regression Mixture Approach”. Sigma Journal of Engineering and Natural Sciences, vol. 39, no. 4, Nov. 2021, pp. 434-42, https://izlik.org/JA85GK88SH.

Vancouver

1.Serpil Kılıç Depren, Özer Depren. How economic freedom affect the ease of doing business? Cross-country quantile regression mixture approach. SIGMA [Internet]. 2021 Nov. 1;39(4):434-42. Available from: https://izlik.org/JA85GK88SH