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La Porta, Rafael,
Florencio Lopez-de-Silanes, and
Andrei Shleifer. 2008. "The Economic Consequences of Legal Origins."
,
46(2): 285-332.
Show Article Details
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.
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
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