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Introduction

In: Legal Traditions, Legal Reforms and Economic Performance

Author

Listed:
  • Daniel Oto-Peralías

    (University of St Andrews)

  • Diego Romero-Ávila

    (Pablo de Olavide University)

Abstract

This chapter introduces the main purpose of this book, which consists of using data on legal rules and regulatory outcomes from the Doing Business Project over the period 2006–2014 in order to establish whether the variation in legal rules has affected financial and economic developmental outcomes, as suggested by the law and finance view. This chapter then advances the main results of the empirical analysis: (i) the existence of catching-up of the French civil law to the average legal and regulatory standards of the British common law, (ii) lack of a clear-cut effect of legal rules and regulatory indicators on financial and economic performance, and (iii) the existence of a gap between legal rules and the reality on the ground.

Suggested Citation

  • Daniel Oto-Peralías & Diego Romero-Ávila, 2017. "Introduction," Contributions to Economics, in: Legal Traditions, Legal Reforms and Economic Performance, chapter 0, pages 1-3, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-67041-6_1
    DOI: 10.1007/978-3-319-67041-6_1
    as

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