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Economic Behavior, Economic Freedom, and Entrepreneurship

Edited by Richard J. Cebula, Billy J. Walker/Wells Fargo Endowed Chair of Finance, Jacksonville University, Joshua C. Hall, Associate Professor of Economics, West Virginia University, Franklin G. Mixon Jr., Professor of Economics and Director, Center for Economic Education, Columbus State University and James E. Payne, Professor of Economics and Dean, J. Whitney Bunting College of Business, Georgia College & State University, US
Expert editors add to an important field of research, the economics of entrepreneurship, and explore how institutions influence entrepreneurial behavior. This book provides comprehensive and contemporary insights into the interaction between economic behavior of firms and households, economic freedom, and entrepreneurship, and how it generates an environment with greater opportunities for growth and development for individuals, households, and private-sector firms.
Extent: 328 pp
Hardback Price: $140.00 Web: $126.00
Publication Date: 2015
ISBN: 978 1 78471 822 0
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  • Economics and Finance
  • Austrian Economics
  • Economics of Entrepreneurship
  • Political Economy
This collection of chapters comprises timely aspects of two rapidly growing bodies of academic research: entrepreneurship and economic freedom.

Expert editors add to an important field of research, the economics of entrepreneurship, and explore how institutions influence entrepreneurial behavior. This book provides comprehensive and contemporary insights into the interaction between economic behavior of firms and households, economic freedom, and entrepreneurship, and how it generates an environment with greater opportunities for growth and development for individuals, households, and private-sector firms.

This advanced and revolutionary book will prove to be a valuable tool for academics conducting research in entrepreneurship and/or economic freedom as well as for graduate students studying in these areas. The volume also provides insight into the measurement and value of economic freedom around the world, making it a useful resource for policymakers and practitioners.
‘This is an indispensable book for anyone seriously interested in learning about the many ways in which economic freedom incentivizes behavior to promote growth and development. The topics covered and analyses provided should prove equally useful to academics, business leaders, and policymakers. Most importantly, this is the right book to understand how such freedom can improve the lives of people in countries everywhere.’
– James Barth, Auburn University and Milken Institute, US

‘Cebula, Hall, Mixon and Payne provide an intellectual feast on the relationship between various measures of economic freedom, entrepreneurship, and economic prosperity and underlying theory. Their book is happily both a valuable read for citizens and scholars who want to know more about economic freedom research and an excellent teachers’ choice for senior and graduate seminars in economics, public policy, and politics.’
– Bruce Yandle, Clemson University and George Mason University, US
Contributors: G.M. Alexander, N.J.Ashby, D.L. Bennett, J. Bologna, R. Boylan, S.B. Caudill, T. Cavusoglu, R.J. Cebula, J.R. Clark, S.O. Crofton, O. Dincer, R.K. Goel, D.M. Gropper, R.W. Hafer, Joshua C. Hall, V. Hartarska, J.C. Heckelman, R.G. Holcombe, J.V. Koch, R. Lawson, D.R. Lee, J.E. Long, F.G. Mixon, Jr., R. Murphy, M.A. Nelson, B. Nikolaev, J.E. Payne, R.M. Robinson, M.G. Simonton, D. Stansel, D. Tarabar, R. Vedder
Contents:

1. Misperceptions about Capitalism, Government and Inequality
Daniel L. Bennett and Richard J. Cebula

2. Measuring Institutions and Policies Across Countries
Robert Lawson and Ryan Murphy

3. Economic Freedom Studies: A Survey
Joshua C. Hall, Dean Stansel and Danko Tarabar

4. Sub-National Indices of Economic Freedom
Dean Stansel and Jamie Bologna

5. Institutions and Entrepreneurship
Randall G. Holcombe

6. The Entrepreneurial Ethic, Economic Behavior, and Motivation
Richard M. Robinson

7. Freedom as a Public Good
J.R. Clark and Dwight R. Lee

8. Economic Freedom Convergence Clubs
Jac C. Heckelman

9. An Exploratory Study Regarding Whether Greater Labor Freedom Reduces New Home Prices
Daniel L. Bennett, Richard J. Cebula and Robert Boylan

10. The Impact of Property Confiscation Experiences on Individual Patience in Transition Economies: An Exploratory Study
Steven B. Caudill, Stephanie O. Crofton, James E. Long, Franklin G. Mixon, Jr. and Mary Greer Simonton

11. Economic Freedom, Economic Behavior and Settlement Patterns: Preliminary Evidence for 2010 for the Case of Undocumented Immigrants
Richard J. Cebula

12. Why Do People Move from One Metropolitan Area to Another?
James V. Koch

13. Preliminary Findings on the Impact of Labor Market Freedom on the Male Labor Force Participation Rate
Gigi M. Alexander and Richard J. Cebula

14. Economic Freedom and Microfinance Efficiency in Eastern Europe and Central Asia
Steven B. Caudill, Daniel M. Gropper, Valentina Hartarska and Franklin G. Mixon, Jr.

15. Economic Freedom and Subjective Well-Being
Boris Nikolaev

16. Destructive and Productive Entrepreneurship: An Analysis of International Panel Data
Nathan J. Ashby

17. On The Relationship Between Economic Freedom and Entrepreneurship
R.W. Hafer

18. Entrepreneurship and Cross-National Economic Freedom
Rajeev K. Goel, Michael A. Nelson and James E. Payne

19. Economic Freedom and Entrepreneurial Activity in American States
Tarkan Cavusoglu and Oguzhan Dincer

20. Freedom, Growth and Entrepreneurship: Several Sources of US Evidence Richard Vedder

21. The US Entrepreneurship-Unemployment Nexus
James E. Payne

Index