The Relationship between Economic Freedom and Private Investment Across Indian States: Evidence from Panel Data
Bharti Manhas, Dipankar Sengupta & Damanjit Kour · South Asian Journal of Social Studies and Economics · 2025
This study examines the impact of economic freedom on private investment in the formal sector across 18 Indian states from 2015 to 2019. Using the Economic Freedom Index (EFI) and its components as explanatory variables, the analysis finds that higher EFI scores are significantly...