The Resource Legal Traditions, Legal Reforms and Economic Performance : Theory and Evidence, by Daniel Oto-Peralías, Diego Romero-Ávila, (electronic resource)

Legal Traditions, Legal Reforms and Economic Performance : Theory and Evidence, by Daniel Oto-Peralías, Diego Romero-Ávila, (electronic resource)

Label
Legal Traditions, Legal Reforms and Economic Performance : Theory and Evidence
Title
Legal Traditions, Legal Reforms and Economic Performance
Title remainder
Theory and Evidence
Statement of responsibility
by Daniel Oto-Peralías, Diego Romero-Ávila
Creator
Contributor
Author
Provider
Subject
Language
eng
Summary
This book investigates whether legal reforms intended to create a market-friendly regulatory business environment have a positive impact on economic and financial outcomes. After conducting a critical review of the legal origins literature, the authors first analyze the evolution of legal rules and regulations during the last decade (2006-2014). For that purpose, the book uses legal/regulatory indicators from the World Bank's Doing Business Project (2015). The findings indicate that countries have actively reformed their legal systems during this period, particularly French civil law countries. A process of convergence in the evolution of legal rules and regulations is observed: countries starting in 2006 in a lower position have improved more than countries with better initial scores. Also, French civil law countries have reformed their legal systems to a larger extent than common law countries and, consequently, have improved more in the majority of the Doing Business indicators used. Second, the authors estimate fixed-effects panel regressions to analyze the relationship between changes in legal rules and regulations and changes in the real economy. The findings point to a lack of systematic effects of legal rules and regulations on economic and financial outcomes. This result stands in contrast to the widespread belief that reforms aiming to strengthen investor and creditor rights (and other market-friendly policies) systematically lead to better economic and financial outcomes
Member of
http://library.link/vocab/creatorName
Oto-Peralías, Daniel
Image bit depth
0
LC call number
HB73
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Romero-Ávila, Diego.
  • SpringerLink
Series statement
Contributions to Economics,
http://library.link/vocab/subjectName
  • Finance, Public
  • Law
  • Law
  • Law and economics
  • Development economics
  • Economics
  • Law and Economics
  • Business Law
  • Theories of Law, Philosophy of Law, Legal History
  • Public Finance
  • Political Economy/Economic Policy
  • Development Economics
Label
Legal Traditions, Legal Reforms and Economic Performance : Theory and Evidence, by Daniel Oto-Peralías, Diego Romero-Ávila, (electronic resource)
Instantiates
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Chapter 1: Introduction -- Chapter 2: Revisiting the Legal Origins Hypothesis: A Brief Review of the Literature -- Chapter 3: Data Description -- Chapter 4: Literature Review on the Effect of the Ease of Doing Business on Economic and Financial Outcomes -- Chapter 5: Legal Change within Legal Traditions and Convergence -- Chapter 6: Legal Rules Variation and Countries’ Economic and Financial Performance -- Chapter 7: Sensitivity Analyses on the Effect of Legal Rules Variation on Economic and Financial Performance -- Chapter 8: The Effectiveness of Legal Reforms and the Gap between Law on the Books and the Reality on the Ground -- Chapter 9: Conclusions.
Dimensions
unknown
Extent
X, 252 p. 32 illus., 14 illus. in color.
File format
multiple file formats
Form of item
electronic
Isbn
9783319670416
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-319-67041-6
Other physical details
online resource.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(DE-He213)978-3-319-67041-6
Label
Legal Traditions, Legal Reforms and Economic Performance : Theory and Evidence, by Daniel Oto-Peralías, Diego Romero-Ávila, (electronic resource)
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Chapter 1: Introduction -- Chapter 2: Revisiting the Legal Origins Hypothesis: A Brief Review of the Literature -- Chapter 3: Data Description -- Chapter 4: Literature Review on the Effect of the Ease of Doing Business on Economic and Financial Outcomes -- Chapter 5: Legal Change within Legal Traditions and Convergence -- Chapter 6: Legal Rules Variation and Countries’ Economic and Financial Performance -- Chapter 7: Sensitivity Analyses on the Effect of Legal Rules Variation on Economic and Financial Performance -- Chapter 8: The Effectiveness of Legal Reforms and the Gap between Law on the Books and the Reality on the Ground -- Chapter 9: Conclusions.
Dimensions
unknown
Extent
X, 252 p. 32 illus., 14 illus. in color.
File format
multiple file formats
Form of item
electronic
Isbn
9783319670416
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-319-67041-6
Other physical details
online resource.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(DE-He213)978-3-319-67041-6

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