The Divergence of Legal Procedures

Aron Balas, Rafael La Porta, Florencio Lopez-de-Silanes () and Andrei Shleifer

American Economic Journal: Economic Policy, 2009, vol. 1, issue 2, 138-62

Abstract: Simeon Djankov et al. (2003) introduce a measure of the quality of contract enforcement -- the formalism of civil procedure -- for 109 countries as of 2000. For 40 of these countries, we compute procedural formalism every year since 1950. We find that large differences in procedural formalism between common and civil law countries existed in 1950 and widened by 2000. For this area of law, the findings are inconsistent with the hypothesis that national legal systems are converging, and support the view that legal origins exert long lasting influence on legal rules. (JEL K41, O17)

JEL-codes: K41 O17 (search for similar items in EconPapers)
Date: 2009
Note: DOI: 10.1257/pol.1.2.138
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/pol.1.2.138 (application/pdf)
http://www.aeaweb.org/aej/pol/data/2008-0024_data.zip (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: The Divergence of Legal Procedures (2009)
Working Paper: The Divergence of Legal Procedures (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aejpol:v:1:y:2009:i:2:p:138-62

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Journal: Economic Policy is currently edited by Matthew Shapiro

More articles in American Economic Journal: Economic Policy from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().