Economic freedom and economic development in the Mexican states

Nathan J. Ashby, University of Texas at El Paso
Avilia Bueno, Federal Reserve Bank of Dallas
Deborah Martinez, George Mason University, Fairfax Campus


In this paper we describe the methodology for the Economic Freedom of Mexico index published by the Fraser Institute. We will present the scores and rankings for the thirty-two Mexican states which have been calculated for the years 2003 to 2009. The relationship between economic freedom and wages is discussed. There is a significant positive relationship between economic freedom and real wages in Mexico. © 2013 MCRSA. All rights reserved.