Paper Title
GDP Growth and Economic Freedom in ASEAN Countries

Abstract
This paper studies the impact of economic freedom on gross domestic product (GDP) growth rate in ASEAN countries over the period of 1995-2017. ASEAN countries are Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Philippines, Thailand, Vietnam, and Singapore. The GDP growth rate is measured by annual percentage growth rate of a country’s gross domestic product. The economic freedom is measured by the index of economic freedom published by The Heritage Foundation, which includes twelve components such as property rights, government integrity, judicial effectiveness, tax burden, government spending, fiscal health, business freedom, labor freedom, monetary freedom, trade freedom, investment freedom and financial freedom. The regression results show that trade freedom and tax burden have negative effect on GDP growth rate, investment freedom has positive impact on GDP growth rate, whereas financial freedom, government spending, government integrity, and monetary freedom have no impact on GDP growth rate. Keywords - GDP Growth Rate, Economic Freedom, ASEAN