The Economic Consequences of Legal Origins

Andrei Shleifer, Florencio Lopez-de-Silanes () and Rafael La Porta

Journal of Economic Literature, 2008, vol. 46, issue 2, 285-332

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.

JEL-codes: K10 N40 (search for similar items in EconPapers)
Date: 2008
Note: DOI: 10.1257/jel.46.2.285
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Citations: View citations in EconPapers (1392)

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Related works:
Working Paper: The Economic Consequences of Legal Origins (2008)
Working Paper: The Economic Consequences of Legal Origins (2007)
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