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The relevance of judicial procedure for economic growth
Hayo, Bernd; Voigt, Stefan - 2008
. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the predict …-ability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on economic … growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that …
Persistent link: https://www.econbiz.de/10010330088
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The relevance of judicial procedure for economic growth
Hayo, Bernd; Voigt, Stefan - 2008
. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the … predictability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on … economic growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that …
Persistent link: https://www.econbiz.de/10010264530
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The Relevance of Judicial Procedure for Economic Growth
Hayo, Bernd; Voigt, Stefan - CESifo - 2008
. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the … predictability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on … economic growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that …
Persistent link: https://www.econbiz.de/10005416509
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The relevance of judicial procedure for economic growth (Law and economics)
Hayo, Bernd; Voigt, Stefan - In: CESifo economic studies : CESifo, a joint initiative of … 60 (2014) 3, pp. 490-524
. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the … predictability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on … economic growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that …
Persistent link: https://www.econbiz.de/10010466904
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The Economic Effects of Judicial Accountability: Some Preliminary Insights
Voigt, Stefan - 2005
Judicial independence is not only a necessary condition for the impartiality of judges, it can also endanger it: judges that are independent could have incentives to remain uninformed, become lazy or even corrupt. It is therefore often argued that judicial independence and judicial...
Persistent link: https://www.econbiz.de/10010263281
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Economic Growth and Judicial Independence, a Dozen Years On: Cross-Country Evidence Using an Updated Set of Indicators
Voigt, Stefan; Gutmann, Jerg; Feld, Lars P. - 2014
strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly … significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional …
Persistent link: https://www.econbiz.de/10010420699
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Economic growth and judicial independence : cross country evidence using a new set of indicators
Feld, Lars P.; Voigt, Stefan - 2003
facto JI focusing on countries actually experience. Whether JI affects economic growth is tested for a cross section of 57 … countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it. …
Persistent link: https://www.econbiz.de/10011507670
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Economic Growth and Judicial Independence, a Dozen Years On: Cross-Country Evidence Using an Updated Set of Indicators
Voigt, Stefan; Gutmann, Jerg; Feld, Lars P. - CESifo - 2014
strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly … significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional …
Persistent link: https://www.econbiz.de/10010948870
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The Economic Effects of Judicial Accountability. Some Preliminary Insights.
Voigt, Stefan - International Centre for Economic Research (ICER) - 2005
Judicial independence is not only a necessary condition for the impartiality of judges, it can also endanger it: judges that are independent could have incentives to remain uninformed, become lazy or even corrupt. It is therefore often argued that judicial independence and judicial...
Persistent link: https://www.econbiz.de/10005148396
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Judicial Independence in the EU – A Puzzle
Gutmann, Jerg; Voigt, Stefan - 2017
Based on data from the EU Justice Scoreboard, we identify a puzzle: National levels of judicial independence (as perceived by the citizens of EU member states) are negatively associated with the presence of formal legislation usually considered as conducive to judicial independence. We try to...
Persistent link: https://www.econbiz.de/10011632248