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The Quality of Legal Systems and Property Rights by State: A Ranking and Their Implications for Economic Freedom

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  • Murphy, Ryan H.

Abstract

This paper constructs a new measure of the quality of the legal system and property rights by U.S. state, combining ve pieces of data to develop a novel measure of institutional quality. It integrates this measure to the Economic Freedom of North America index to give a more complete subnational comparison of United States institutions. The quality of the legal system and property rights are measured to be strongest in the upper Midwest and northern New England, and weakest in the South and Hawaii. The integration of this data into Economic Freedom of North America has considerable implications for our understanding of economic freedom at the regional level.

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  • Murphy, Ryan H., 2020. "The Quality of Legal Systems and Property Rights by State: A Ranking and Their Implications for Economic Freedom," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 50(1), April.
    • Handle: RePEc:ags:jrapmc:339940
    DOI: 10.22004/ag.econ.339940
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    1. Shakya, Shishir & Plemmons, Alicia, 2021. "The Impact of Economic Freedom on Startups," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 51(1), January.

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