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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28794 |
来源ID | Working Paper 28794 |
The Legal Origins of Financial Development: Evidence from the Shanghai Concessions | |
Ross Levine; Chen Lin; Chicheng Ma; Yuchen Xu | |
发表日期 | 2021-05-17 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We assemble new data on the British and French concessions in Shanghai between 1845 and 1936 to assess the legal origins view of financial development. During this period, two regime changes altered the degree to which the British common and French civil law traditions held jurisdiction over the respective concessions: the 1869 formation of the Mixed Courts strengthened Western legal jurisdiction, while the 1926 rendition agreement returned those courts to Chinese control. By examining the changing application of different legal traditions to adjacent neighborhoods within the same city, we address identification challenges associated with cross-country studies. Consistent with the legal origins view, the financial development advantage in the British concession widened after the formation of the Courts and shrank after their rendition. |
主题 | Financial Economics ; Financial Institutions ; Other ; Law and Economics ; History ; Financial History ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w28794 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586466 |
推荐引用方式 GB/T 7714 | Ross Levine,Chen Lin,Chicheng Ma,et al. The Legal Origins of Financial Development: Evidence from the Shanghai Concessions. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28794.pdf(4043KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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