Firm size and judicial efficiency: evidence from the neighbour's court

Silvia Giacomelli and Carlo Menon ()

No 898, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: We investigate the causal relationship between judicial efficiency and firm size across Italian municipalities exploiting spatial discontinuities in court jurisdictions for identification. The estimated coefficients suggest that the reduction of the length of civil proceedings could exert, all other things being equal, a significant and positive effect on the average size of Italian firms. Results are robust to a number of different specifications, based on two different databases.

Keywords: judicial efficiency; firm size; spatial discontinuity; Italy (search for similar items in EconPapers)
JEL-codes: K4 L11 O18 (search for similar items in EconPapers)
Date: 2013-01
New Economics Papers: this item is included in nep-bec, nep-eff, nep-geo and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.bancaditalia.it/pubblicazioni/temi-disc ... 0898/en_tema_898.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:bdi:wptemi:td_898_13

Access Statistics for this paper

More papers in Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area Contact information at EDIRC.
Bibliographic data for series maintained by ().