Law, economic growth and human development

Simplice Asongu

MPRA Paper from University Library of Munich, Germany

Abstract: This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments. Findings summarily reveal that legal-origin does not explain economic growth and human development beyond the mechanisms of law channels. As a policy implication results support benefits of the rule of law and quality of regulation as channels to economic growth and human development.

Keywords: Law; economic growth; human development; developing countries (search for similar items in EconPapers)
JEL-codes: I0 K2 K4 O1 P5 (search for similar items in EconPapers)
Date: 2011-10-03
New Economics Papers: this item is included in nep-cis, nep-cwa, nep-dev, nep-law, nep-pke and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34082

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