Arbeitspapier

The Economic Effects of Human Rights

Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human rights are a precondition for other kinds of rights such as property and civil rights and that they are thus efficiency-enhancing. Four different groups of rights are identified. It is asked what effects they have on welfare and growth. The transmission channels through which the different rights affect welfare and growth are identified by estimating their effects on investment in both physical and human capital and overall productivity. Basic human rights have indeed a positive effect on investment, but do not seem to contribute to productivity. Social or emancipatory rights, in turn, are not conducive to investment in physical capital but do contribute to productivity improvements. None of the four groups of rights ever has a significant negative effect on any of the economic variables here included.

Sprache
Englisch

Erschienen in
Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 66

Klassifikation
Wirtschaft
Capitalist Systems: Property Rights
Comparative Studies of Countries
Public Goods
Basic Areas of Law: General (Constitutional Law)
State and Local Government; Intergovernmental Relations: Interjurisdictional Differentials and Their Effects
Macroeconomic Analyses of Economic Development
Comparative Analysis of Economic Systems
Thema
Grundrecht
Menschenrechte
Sozialrecht
Investition
Bildungsinvestition
Wirtschaftswachstum
Schätzung
Wohlfahrtseffekt
Welt

Ereignis
Geistige Schöpfung
(wer)
Blume, Lorenz
Voigt, Stefan
Ereignis
Veröffentlichung
(wer)
Universität Kassel, Fachbereich Wirtschaftswissenschaften
(wo)
Kassel
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Blume, Lorenz
  • Voigt, Stefan
  • Universität Kassel, Fachbereich Wirtschaftswissenschaften

Entstanden

  • 2004

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