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Bijural services as factors of production

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Author Info
SALMON, Pierre () (LEG - CNRS UMR 5118 - Université de Bourgogne)
BRETON, Albert (Department of economics. University of Toronto)

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Abstract

This study is primarily concerned with the security of transactions and contracts in contexts in which there is more than one legal system - in bijural (or multijural) societies - and with the contribution that bijural lawyers can make to the security of transactions and contracts, that is with the productivity of bijural lawyers. It is, as a consequence, focused on the demand for bijural lawyers as factor inputs in the production of contractual security and, at one remove, transaction security. We test the usefulness of the approach by analyzing several cases of change that have or are taking place in the world today. Though the analysis is qualitative, it appears to confirm the usefulness of treating bijural services as factors of production.

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File URL: http://www.u-bourgogne.fr/leg/documents-de-travail/e2005-01.pdf
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Publisher Info
Paper provided by LEG, Laboratoire d'Economie et de Gestion, CNRS UMR 5118, Université de Bourgogne in its series LEG - Document de travail - Economie with number 2005-01.

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Length: 48 pages
Date of creation: Jan 2005
Date of revision:
Handle: RePEc:lat:legeco:2005-01

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Related research
Keywords: legal systems; lawyers; legal education; contractual security;

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Find related papers by JEL classification:
K20 - Law and Economics - - Regulation and Business Law - - - General
I20 - Health, Education, and Welfare - - Education - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Milton Friedman & Simon Kuznets, 1954. "Income from Independent Professional Practice," NBER Books, National Bureau of Economic Research, Inc, number frie54-1, Summer.
  2. Theodore W. Schultz, 1962. "Reflections on Investment in Man," Journal of Political Economy, University of Chicago Press, vol. 70, pages 1. [Downloadable!] (restricted)
  3. Alan Schwartz, 1997. "Incomplete Contracts," Yale School of Management Working Papers ysm73, Yale School of Management. [Downloadable!]
  4. Berkowitz, Daniel & Pistor, Katharina & Richard, Jean-Francois, 2003. "Economic development, legality, and the transplant effect," European Economic Review, Elsevier, vol. 47(1), pages 165-195, February. [Downloadable!] (restricted)
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  5. Sanyal, Kalyan K & Jones, Ronald W, 1982. "The Theory of Trade in Middle Products," American Economic Review, American Economic Association, vol. 72(1), pages 16-31, March. [Downloadable!] (restricted)
  6. Baumol, William J & Benhabib, Jess, 1989. "Chaos: Significance, Mechanism, and Economic Applications," Journal of Economic Perspectives, American Economic Association, vol. 3(1), pages 77-105, Winter. [Downloadable!] (restricted)
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  7. Stigler, George J & Sherwin, Robert A, 1985. "The Extent of the Market," Journal of Law & Economics, University of Chicago Press, vol. 28(3), pages 555-85, October.
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  8. Hatzis, Aristides N., 2002. "Having the cake and eating it too: efficient penalty clauses in Common and Civil contract law," International Review of Law and Economics, Elsevier, vol. 22(4), pages 381-406, December. [Downloadable!] (restricted)
  9. Feenstra, Robert C, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall. [Downloadable!] (restricted)
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