TY - JOUR N2 - This study examines the causal links between improvements in economic freedom and changes in GDP per capita of new EU members in transition in the period 2000‒2009. The empirical results suggest significant causality running from changes in monetary and fiscal freedom, trade openness, regulation of credit, labour, and business, legal structure and security of property rights, and access to sound money to movements in GDP per capita, especially in less and moderately developed CEE transition countries. Moreover, we find evidence that improvements in economic freedom are one of the main factors stimulating the convergence of these economies towards rich EU members. The evidence of causality in the opposite direction is much weaker. L1 - http://www.czasopisma.pan.pl/Content/103793/PDF-MASTER/mainFile.pdf L2 - http://www.czasopisma.pan.pl/Content/103793 PY - 2011 IS - No 3 EP - 168 DO - 10.24425/cejeme.2011.119309 KW - economic growth KW - economic freedom KW - CEE transition economies A1 - Gurgul, Henryk A1 - Lach, Łukasz PB - Oddział PAN w Łodzi DA - 30.09.2011 T1 - The Nexus between Improvements in Economic Freedom and Growth: Evidence from CEE Countries in Transition SP - 133 UR - http://www.czasopisma.pan.pl/dlibra/publication/edition/103793 T2 - Central European Journal of Economic Modelling and Econometrics ER -