JOURNAL ARTICLE
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Rechtssystem und Arbeitsmarkt-Performance
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 124 (2004), Iss. 4 : pp. 471–509
1 Citations (CrossRef)
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Feldmann, Horst
Cited By
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The Quality of Industrial Relations and Unemployment in Developing Countries
Feldmann, Horst
Review of Development Economics, Vol. 13 (2009), Iss. 1 P.56
https://doi.org/10.1111/j.1467-9361.2008.00459.x [Citations: 4]
Abstract
This paper econometrically analyzes whether and to what extent the structural features of the legal system affect the labor market. According to the regression results, a legal system characterized by judicial dependence, biased courts, a lack of intellectual property protection, frequent military interference, as well as a lack of integrity diminishes the performance of the labor market considerably. Obviously, this has a particularly adverse impact on women and young people. Tue most detrimental aspects appear to be limited or non-existent judicial independence, biased courts, and the legal system's lack of integrity.