Economic Freedom of North America measures the extent to which the policies of individual provinces and states are supportive of economic freedom—the ability of individuals to act in the economic sphere free of undue restrictions. It includes a subnational index for comparison of individual jurisdictions (provincial/state and municipal/local governments) within the same country, and an all-government index for comparison of jurisdictions (federal governments) in different countries. For the subnational index, Economic Freedom of North America employs 10 variables for the 92 provincial/state governments in Canada, the United States, and Mexico in three areas: (1) Government Spending, (2) Taxes, and (3) Regulation. In the case of the all-government index, we incorporate three additional areas at the federal level from Economic Freedom of the World Annual Report: (4) Legal Systems and Property Rights, (5) Sound Money, and (6) Freedom to Trade Internationally. In addition, we expand area 1 to include government investment, area 2 to include top marginal income and payroll tax rates, and area 3 to include credit market regulation and business regulations. These additions help capture restrictions on economic freedom that are difficult to measure at the provincial/state and municipal/local level.
Dataset of the subnational index of the Economic Freedom of North America for comparison of individual jurisdictions (provincial/state and municipal/local governments) within the same country. The Economic Freedom of North America measures the extent to which the policies of individual provinces and states are supportive of economic freedom—the ability of individuals to act in the economic sphere free of undue restrictions. The subnational index employs 10 variables for the 92 provincial/state governments in Canada, the United States, and Mexico in three areas: (1) Government Spending, (2) Taxes, and (3) Regulation.
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