Testing Legal Origins Theory within France: Customary Laws versus Roman Code
David Le Bris
Toulouse Business School
June 1, 2016
Before 1804, France was strictly divided in terms of legal regimes: the South was under Roman civil law and the North under customary laws which, as with common law, gave more flexibility to judges and fewer rights to the state. This dichotomy offers the unique opportunity to test legal origins theory free from cross-country heterogeneity. Fiscal and census data from 1801-1821 show the absence of any negative impact of the civil law both on the whole France and focusing on counties bordering the legal frontier. Civil law even appears to have a positive effect in many specifications.
Number of Pages in PDF File: 43
Keywords: Law and Finance, Legal origins, Financial development, France
JEL Classification: O43, O1, P48, N43
Date posted: November 25, 2013 ; Last revised: June 22, 2016
© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.
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