G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w4989
来源IDWorking Paper 4989
The Causes and Effects of Liability Reform: Some Empirical Evidence
Thomas J. Campbell; Daniel P. Kessler; George B. Shepherd
发表日期1995
出版年1995
语种英语
摘要We provide empirical evidence both on the causes and the effects of liability reforms. Using a newly collected data set of state tort laws and a panel data set containing industry-level data by state for the years 1969-1990, we (1) identify the characteristics of states that are associated with liability reforms and (2) examine whether liability reforms influence productivity and employment. We present two central findings. First, reductions in liability levels are associated with increases in measured productivity and employment in most industries that we studied. Second, liability reforms that reduce legal liability are generally positively correlated with measures of political conservatism.
URLhttps://www.nber.org/papers/w4989
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/562413
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GB/T 7714
Thomas J. Campbell,Daniel P. Kessler,George B. Shepherd. The Causes and Effects of Liability Reform: Some Empirical Evidence. 1995.
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