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

Giacomelli, Silvia and Menon, Carlo (2012) Firm size and judicial efficiency in Italy: evidence from the neighbour's tribunal. SERC Discussion Papers (SERCDP0108). Spatial Economics Research Centre, London School of Economics and Political Science, London, UK.

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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.

Item Type: Monograph (Discussion Paper)
Official URL: http://www.spatialeconomics.ac.uk/SERC/publication...
Additional Information: © 2012 The Authors
Divisions: Spatial Economics Research Centre
Subjects: H Social Sciences > HN Social history and conditions. Social problems. Social reform
K Law > K Law (General)
JEL classification: K - Law and Economics > K4 - Legal Procedure, the Legal System, and Illegal Behavior
L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L11 - Production, Pricing, and Market Structure; Size Distribution of Firms
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O18 - Regional, Urban, and Rural Analyses
Sets: Research centres and groups > Spatial Economics Research Centre
Date Deposited: 28 Jul 2014 11:25
Last Modified: 05 Apr 2019 23:04
Funders: Economic and Social Research Council, Department for Business, Innovation & Skills (BIS), Welsh Assembly Government
URI: http://eprints.lse.ac.uk/id/eprint/58339

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