Original scientific paper
https://doi.org/10.1080/1331677X.2021.2013274
The impact of the surplus value rate and rule of law on economic performance
Yosuke Tomita
Abstract
This study investigates the impact of four legal origins (i.e.,
English, French, German, and Scandinavian) of a sample of countries on the rate of surplus value and rule of law. It also examines
how these factors affect the size of credit provided by banks and
economic performance. We found that the rate of surplus value
and rule of law affect both the size of bank credit and economic
performance. Simultaneously, the rate of surplus value and the
rule of law are correlated. Furthermore, the marginal effects of
the rate of surplus value and the rule of law on economic performance differ by legal origin.
Keywords
Legal origin; rule of law; rate of surplus value; bank credit; economic performance
Hrčak ID:
302705
URI
Publication date:
31.3.2023.
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