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Titlebook: Legal Traditions, Legal Reforms and Economic Performance; Theory and Evidence Daniel Oto-Peralías,Diego Romero-Ávila Book 2017 Springer Int

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Legal Change Within Legal Traditions and Convergence,es for each of the legal and regulatory indicators studied. The evidence appears to indicate that there has been legal change, particularly in French civil law countries. This legal tradition has experienced an improvement in the following areas: law on the books as measured by the indices of streng
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,Legal Rules Variation and Countries’ Economic and Financial Performance,establish whether variation in legal rules and regulatory outcomes have been associated with an improvement in financial and economic developmental outcomes. By estimating panel specifications using a fixed effects estimator with data averaged over 3-year periods, the evidence does not support the e
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Sensitivity Analyses on the Effect of Legal Rules Variation on Economic and Financial Performance,economic and financial performance holds for alternative legal indicators, some of which extend over lengthier periods than the Doing Business indicators. Other sensitivity analyses entail the use of alternative estimators such as the difference GMM estimator of Arellano and Bond (Rev Econ Stud 58(2
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he level of policy discussions and implementation. This chapter argues that, to be effective and sustainable, industrial policy must be embedded in an integrated framework that is coherent with other policies relating to trade, competition, the financial sector, fiscal structures, labor markets, and
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