92 Pages Posted: 9 Nov 2007
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.
Suggested Citation: Suggested Citation
La Porta, Rafael and Lopez de Silanes, Florencio and Shleifer, Andrei, The Economic Consequences of Legal Origins. Journal of Economic Literature, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1028081
By Ross Levine