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This paper provides an alternative way of testing the theory of legal origins, one based on a firm's perception of how helpful the government is for doing business. The author argues that an approach based on firm perceptions offers a number of advantages over existing studies. Specifically, the...
Persistent link: https://www.econbiz.de/10010521202
Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines the impact of institutions on the relative performance of the service sector. Through cross-country level and growth regressions it establishes the following stylized fact:...
Persistent link: https://www.econbiz.de/10010522030
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Using data on firm perceptions of how helpful the government is for doing business, we find strong evidence for the theory of legal origins: common law fares better than civil law. Advantages of using firm perceptions are discussed in detail
Persistent link: https://www.econbiz.de/10012562489
This paper provides an alternative way of testing the theory of legal origins, one based on a firm's perception of how helpful the government is for doing business. The author argues that an approach based on firm perceptions offers a number of advantages over existing studies. Specifically, the...
Persistent link: https://www.econbiz.de/10012747386
Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines the impact of institutions on the relative performance of the service sector. Through cross-country level and growth regressions it establishes the following stylized fact:...
Persistent link: https://www.econbiz.de/10012553852