Arbeitspapier

Economic Growth and Judicial Independence: Cross Country Evidence Using a New Set of Indicators

Rational politicians are interested in judicial independence (JI) in order to make their promises credible. But if politicians' preferences deviate from the dicta of the judiciary, they also have incentives to renege on judicial independence. These two conflicting aspects are measured by two indicators: (i) de iure JI focusing on its legal foundations and (ii) a de facto JI focusing on countries' actually experience. Whether JI affects economic growth is tested for a cross section of 57 countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 906

Klassifikation
Wirtschaft
Thema
economic growth
rule of law
judicial independence

Ereignis
Geistige Schöpfung
(wer)
Feld, Lars P.
Voigt, Stefan
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Feld, Lars P.
  • Voigt, Stefan
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2003

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