Firm Size and Judicial Efficiency in Italy: Evidence from the Neighbour's Tribunal

Silvia Giacomelli and Carlo Menon (carlomenon@gmail.com)

SERC Discussion Papers from Centre for Economic Performance, LSE

Abstract: We investigate the causal relationship between judicial efficiency and firm size across Italian municipalities, exploiting spatial discontinuities in tribunals' jurisdiction for identification. Results show that halving the length of civil proceedings, average firm size would increase by around 8-12%, everything else equal. Results are robust to a number of different specifications, based on two different databases.

Keywords: Justice efficiency; Firm size; Spatial discontinuity approach; Italy (search for similar items in EconPapers)
JEL-codes: K4 L11 O18 (search for similar items in EconPapers)
Date: 2012-05
New Economics Papers: this item is included in nep-bec, nep-eff and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Working Paper: Firm size and judicial efficiency in Italy: evidence from the neighbour's tribunal (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:sercdp:0108

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