The Economic Consequences of Legal Origins
Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer
|
| Article Citation |
La Porta, Rafael, Florencio Lopez-de-Silanes, and Andrei Shleifer. 2008. "The Economic Consequences of Legal Origins." Journal of Economic Literature, 46(2): 285–332.
DOI:10.1257/jel.46.2.285
|
| Abstract |
In the last decade, economists have produced a considerable body of research
suggesting
that the historical origin of a country's laws is highly correlated with a
broad range of its legal rules and regulations, as well as with economic outcomes.
We summarize this evidence and attempt a unified interpretation. We also address
several objections to the empirical claim that legal origins matter. Finally, we assess
the implications of this research for economic reform.
|
| Article Full-Text Access |
|
| Authors |
La Porta, Rafael (Dartmouth College)
Lopez-de-Silanes, Florencio (EDHEC Graduate School of Management)
Shleifer, Andrei (Harvard U)
|
| JEL Classifications |
K10: Basic Areas of Law: General (Constitutional Law)
N40: Economic History: Government, War, Law, and Regulation: General, International, or Comparative
|
|
|
|
