This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through … finance. It is a natural extension of "Law and finance: why does legal origin matter?" by Thorsten Beck, Asli Demirgüç …) hypotheses that English common-law countries tend to have better developed financial intermediaries than French civil-law …

This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …

The main objective of this paper is to contribute to in-depth literature on the relationship between growth and the … informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic … the empirical literature because it studies the effect of the interaction between growth and corruption in the informal …

This paper is interested in explaining the causes of the simultaneous evolution between economic growth and informality … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption …, public and private agents to fight corruption, in view of decreasing the informal economic sector through economic growth. …

inflationary levels and general economic growth trends amidst rising globalization. The adopted empirical strategy (CS-ARDL and AMG … that natural resources, growth trends, and inflationary levels significantly spur long-run regional FD thereby invalidating …