Can judicial efficiency improve territorial attractiveness to FDI? The Italian experience

Simona Comi, Mara Grasseni and Laura Resmini

European Journal of Political Economy, 2021, vol. 70, issue C

Abstract: This paper explores the role that judicial efficiency may play as a determinant of inward FDI at sub-national level. Italy is an ideal case to deal with this still unexplored issue since the same law apply in all the national territory, but the degree of law enforcement varies considerably across different courts. We found that judicial efficiency affects positively FDI inflows. This result, though heterogeneous across different economic sectors, is robust to different specifications and sample selections. Our results have interesting policy implications, since they highlight the importance of non-targeted FDI policies as factors driving inward flows.

Keywords: Foreign direct investment; Institutions; Judicial efficiency (search for similar items in EconPapers)
JEL-codes: F23 H73 K4 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0176268021000434
Full text for ScienceDirect subscribers only

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:eee:poleco:v:70:y:2021:i:c:s0176268021000434

DOI: 10.1016/j.ejpoleco.2021.102043

Access Statistics for this article

European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung

More articles in European Journal of Political Economy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().