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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ILE Working Paper Series ; No. 1
- Classification
-
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
- Subject
-
Rule of Law
Democracy
Dictatorship
Economic Development
Geography
Institutions
- Event
-
Geistige Schöpfung
- (who)
-
Gutmann, Jerg
Voigt, Stefan
- Event
-
Veröffentlichung
- (who)
-
University of Hamburg, Institute of Law and Economics (ILE)
- (where)
-
Hamburg
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gutmann, Jerg
- Voigt, Stefan
- University of Hamburg, Institute of Law and Economics (ILE)
Time of origin
- 2016
Other Objects (12)
The Rule of Law: Measurement and Deep Roots
How to measure the rule of law
Taking the Rule of Law Seriously – How the EU Could Foster Its Own Values
Diplomakte Stefan Voigt
The rule of law and Islam
Determinant of Social Norms
The (economic) effects of lay participation in courts: a cross-country analysis
Im Zwischenreich
The economic effects of direct democracy: A cross-country assessment
Does arbitration blossom when state courts are bad?
Die unabhängige Justiz – eine vernachlässigte Determinante zur Erklärung der Zentralbankunabhängigkeit?
Positive constitutional economics II: a survey of recent developments
The Rule of Law: Measurement and Deep Roots
How to measure the rule of law
Taking the Rule of Law Seriously – How the EU Could Foster Its Own Values
Diplomakte Stefan Voigt
The rule of law and Islam
Determinant of Social Norms
The (economic) effects of lay participation in courts: a cross-country analysis
Im Zwischenreich
The economic effects of direct democracy: A cross-country assessment
Does arbitration blossom when state courts are bad?
Die unabhängige Justiz – eine vernachlässigte Determinante zur Erklärung der Zentralbankunabhängigkeit?
Positive constitutional economics II: a survey of recent developments
The Rule of Law: Measurement and Deep Roots
How to measure the rule of law
Taking the Rule of Law Seriously – How the EU Could Foster Its Own Values
Diplomakte Stefan Voigt
The rule of law and Islam
Determinant of Social Norms
The (economic) effects of lay participation in courts: a cross-country analysis
Im Zwischenreich
The economic effects of direct democracy: A cross-country assessment
Does arbitration blossom when state courts are bad?
Die unabhängige Justiz – eine vernachlässigte Determinante zur Erklärung der Zentralbankunabhängigkeit?