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Does Economic Freedom Foster Tolerance?

Berggren, Niclas and Nilsson, Therese LU (2013) In Kyklos 66(2). p.177-207
Abstract
Abstract in Undetermined
Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We contribute to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of tolerance. Cross-sectional and first-difference regression analysis of up to 69 countries reveals that economic freedom is positively related to tolerance towards homosexuals, especially in the longer run, while tolerance towards people of a different race and a willingness to teach kids tolerance are not strongly affected by how free markets are. Stable monetary policy and outcomes is the area of economic freedom most... (More)
Abstract in Undetermined
Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We contribute to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of tolerance. Cross-sectional and first-difference regression analysis of up to 69 countries reveals that economic freedom is positively related to tolerance towards homosexuals, especially in the longer run, while tolerance towards people of a different race and a willingness to teach kids tolerance are not strongly affected by how free markets are. Stable monetary policy and outcomes is the area of economic freedom most consistently associated with greater tolerance, but the quality of the legal system seems to matter as well. Through instrumental variables and first-difference results we find indications of a causal relationship. (Less)
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author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Kyklos
volume
66
issue
2
pages
177 - 207
publisher
Wiley-Blackwell
external identifiers
  • wos:000317624500001
  • scopus:84876345785
ISSN
0023-5962
DOI
10.1111/kykl.12017
language
English
LU publication?
yes
id
d53ff547-5256-41a2-bc37-4b31cb030bc2 (old id 3459766)
date added to LUP
2016-04-01 14:12:06
date last changed
2022-03-21 22:49:57
@article{d53ff547-5256-41a2-bc37-4b31cb030bc2,
  abstract     = {{Abstract in Undetermined<br/>Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We contribute to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of tolerance. Cross-sectional and first-difference regression analysis of up to 69 countries reveals that economic freedom is positively related to tolerance towards homosexuals, especially in the longer run, while tolerance towards people of a different race and a willingness to teach kids tolerance are not strongly affected by how free markets are. Stable monetary policy and outcomes is the area of economic freedom most consistently associated with greater tolerance, but the quality of the legal system seems to matter as well. Through instrumental variables and first-difference results we find indications of a causal relationship.}},
  author       = {{Berggren, Niclas and Nilsson, Therese}},
  issn         = {{0023-5962}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{177--207}},
  publisher    = {{Wiley-Blackwell}},
  series       = {{Kyklos}},
  title        = {{Does Economic Freedom Foster Tolerance?}},
  url          = {{http://dx.doi.org/10.1111/kykl.12017}},
  doi          = {{10.1111/kykl.12017}},
  volume       = {{66}},
  year         = {{2013}},
}