In this reply, we briefly deal with each of these issues. As Lawson points out, we cite Martin Paldam (2003) to convince skeptical readers that the economic freedom indicators provide valuable information and should be used more often in empirical research. Indeed, the change in the economic freedom indicator can be used as a proxy for the institutional changes and policies generally supported ...

Successful economic development depends on the rational use of natural resources and on reducing as far as possible the adverse environmental impacts of development projects. Environmental assessment (EA) is a primary tool for achieving this objective, by inserting critical environmental information into the process of project identification, preparation, and implementation. Economic analysis, ...