Law, Endowments and Finance |
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America Africa Independence Angola Beck British Common law Civil law countries civil law tradition Common law countries continent dummies control variables credits by financial cross-country variation data appendix deaths per thousand Demirguc-Kunt Detailed variable definitions dummy variable Economic endowment theory ethnic diversity Ethnic Fractionalization Ethnic Obs exchange as share finance theory financial development today financial intermediary development Financial Sector Development French civil law French legal origin government enforces laws Independence Fractionalization Adjusted-R2 indicating better enforcement initial endowments instrumental variable Latin America Africa LATITUDE law and endowments law and finance legal system legal tradition LLSV Lopez-de-Silanes Market Development measures Muslim NBER numbers indicating better Ordinary Least Squares paper political structure PRIVATE CREDIT private property rights property rights protection protect private property R-square regressions religious composition RULE OF LAW sector as share settler mortality share of GDP Shleifer Stock Market Development Table value of shares variable that takes Vishny World Bank