The Relevance of Judicial Procedure for Economic Growth

The Relevance of Judicial Procedure for Economic Growth

It has been argued that procedural formalism undermines economic efficiency by fostering rent-seeking and corruption. 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...

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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 28-2008)
Autoren: Hayo, Bernd, Voigt, Stefan
Format: Arbeit
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2008
Schlagworte:
rule of law
Wirtschaft
Judicial procedure
investment
legal formalism
growth.
judicial Independence
Economics
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MAGKS - Joint Discussion Paper Series in Economics

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