Arbeitspapier
The Rule of Law: Measurement and Deep Roots
This paper does three things. First, based on a limited number of theoretically established dimensions, it proposes a new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly into account. Second, using this indicator we shed new light on the relationship between the rule of law and the political system of a country. Third, because political systems hardly predetermine the rule of law level of a country, we investigate the roots of the rule of law. As theory on this specific question is scarce and the rule of law is closely associated with income levels, we draw on a topical literature that deals with the fundamental causes of economic development. Our findings suggest that specific determinants of long-run development operate via the rule of law, whereas others are not related to the rule of law at all.
- Sprache
-
Englisch
- Erschienen in
-
Series: ILE Working Paper Series ; No. 1
- Klassifikation
-
Wirtschaft
Economic Methodology
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
Structure, Scope, and Performance of Government
Law and Economics: General
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Institutions and Growth
Comparative Studies of Countries
- Thema
-
Rule of Law
Democracy
Dictatorship
Economic Development
Geography
Institutions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gutmann, Jerg
Voigt, Stefan
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Hamburg, Institute of Law and Economics (ILE)
- (wo)
-
Hamburg
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gutmann, Jerg
- Voigt, Stefan
- University of Hamburg, Institute of Law and Economics (ILE)
Entstanden
- 2016
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