Research Article
Economic Freedom and Complexity in Low-Middle Income Countries
@INPROCEEDINGS{10.4108/eai.13-9-2023.2341219, author={Arivina Ratih and Asih Murwiati and Tiara Nirmala and Zulfa Emalia}, title={Economic Freedom and Complexity in Low-Middle Income Countries}, proceedings={Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICEBE}, year={2023}, month={12}, keywords={economic complexity economic freedom lower-middle income}, doi={10.4108/eai.13-9-2023.2341219} }- Arivina Ratih
Asih Murwiati
Tiara Nirmala
Zulfa Emalia
Year: 2023
Economic Freedom and Complexity in Low-Middle Income Countries
ICEBE
EAI
DOI: 10.4108/eai.13-9-2023.2341219
Abstract
Differences in income between countries are a phenomenon that still occurs today. The World Bank makes country groupings based on income, and one of the income classes is the lower middle class. This study aims to provide an empirical contribution on matters that may affect a country's income apart from investment and human resources, which are often used. Other variables used are economic freedom and economic complexity. The tool used is panel regression for countries in the lower middle-income class for 2011 to 2022. The result obtained are Business freedom and investment freedom statistically significant influences on GDP per capita.
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