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The Economic Consequences of Legal Origins

The Economic Consequences of Legal Origins 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Literature American Economic Association

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References (169)

Publisher
American Economic Association
Copyright
Copyright © 2008 by the American Economic Association
Subject
Articles
ISSN
0022-0515
DOI
10.1257/jel.46.2.285
Publisher site
See Article on Publisher Site

Abstract

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.

Journal

Journal of Economic LiteratureAmerican Economic Association

Published: Jun 1, 2008

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