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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/18898
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| Title: | | Making judges independent : some proposals regarding the judiciary  |
| Authors: | | Feld, Lars P. Voigt, Stefan |
| Issue Date: | | 2004 |
| Series/Report no.: | | CESifo working papers 1260 |
| Abstract: | | It is argued that an independent judiciary is a necessary condition for both individual liberty and economic prosperity. After having surveyed the literature dealing with how to arrange for an independent judiciary, the authors derive some additional policy implications by drawing on two indicators of judicial independence (JI) recently introduced by them. De facto JI has a robust and highly significant impact on economic growth. Individual components of both de jure and de facto JI on economic growth are estimated for their impact on economic growth. Additionally, the effects of other institutional arrangements such as presidential vs. parliamentary systems are inquired into. |
| Subjects: | | judicial independence constitutional design positive constitutional economics economic growth |
| JEL: | | O40 K40 P51 H11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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