Justice System Efficiency and Regional Economic Performance in Mexico

Chávez Juan Carlos, Felipe Fonseca () and Gómez Zaldívar Manuel de Jesús

No 2017-08, Working Papers from Banco de México

Abstract: We analyze the relationship between the economic growth rate and a rule of law indicator in Mexican states during the period 2006-2013. Specifically, we employ information regarding the time it takes to solve commercial disputes in local courts, which we use as a proxy variable to measure the efficiency of the justice system. In principle, we expect that the shorter the time it takes to resolve commercial disputes, the higher the growth rates will be in the states where the firms are located. The results suggest that a 100-day decrease in the average time it takes to resolve a commercial dispute is associated with an increase of 0.6 percent in the growth rate of state per capita GDP.

Keywords: Economic Growth; Justice System; Regional Economies (search for similar items in EconPapers)
JEL-codes: O43 (search for similar items in EconPapers)
Date: 2017-06
New Economics Papers: this item is included in nep-eff, nep-law and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.banxico.org.mx/publicaciones-y-prensa/ ... -81395B7D91D9%7D.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bdm:wpaper:2017-08

Access Statistics for this paper

More papers in Working Papers from Banco de México Contact information at EDIRC.
Bibliographic data for series maintained by Subgerencia de desarrollo de sistemas ().