Firm size and judicial efficiency in Italy: evidence from the neighbour's tribunal

Silvia Giacomelli and Carlo Menon ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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)
Pages: 37 pages
Date: 2012-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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http://eprints.lse.ac.uk/58339/ Open access version. (application/pdf)

Related works:
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:ehl:lserod:58339

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