Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103098
Authors: 
Voigt, Stefan
Gutmann, Jerg
Feld, Lars P.
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper 5010
Abstract: 
Over 10 years ago, Feld and Voigt (2003) introduced the first indicator for objectively meas-uring the actual independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely used, but also criticized. This paper pre-sents more recent data on de jure and de facto judicial independence (JI) and strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional environment, but not on a country's initial per capita income.
Subjects: 
judicial independence
economic growth
rule of law
constitutional economics
governance
measuring institutions
JEL: 
H11
K40
O40
P51
Document Type: 
Working Paper

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