Revisiting the efficiency and institutions debate: The interaction of legal origins and ethnic heterogeneity

Ioannis Bournakis, Dimitris Christopoulos and Marian Rizov

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: We analyse the interaction between legal origins and ethnic heterogeneity and their combined impact on national efficiency. We hypothesise that in the presence of high ethnic heterogeneity common-law system performs worse than civil-law one in terms of economic efficiency. Our empirical tests on the sample of African countries support our hypothesis.

Keywords: national efficiency; institutions; legal origins; ethnic heterogeneity (search for similar items in EconPapers)
JEL-codes: K15 K40 O10 O43 O47 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-evo and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:191313

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