Economic freedom of North America

Economic Freedom of North America: 2006 Annual Report Chapter 1 Economic Freedom & the Index The index of the Economic Freedom of North America is an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America. [...] The study examines the impact of economic freedom on both the level of economic activity and the growth of economic activity. [...] For example, the category on the far left of the chart, “Bottom,” represents the jurisdictions that score in the lowest fifth of the economic freedom ratings, the 12 lowest of the 60 North American jurisdictions. [...] The rankings on both the all-government and the subnational indexes are very similar, with correlation matrixes of 0.88 for the ranks of the two indexes and 0.90 for the scores of the two indexes in 2003. [...] The greater the reduction in economic freedom, the greater the negative impact on the economy and the greater the amount of money the province will receive from the federal government.