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The Impact of Judicial Efficiency on Entrepreneurial Action: A European Perspective

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  • Roberto Ippoliti
  • Alessandro Melcarne
  • Giovanni B. Ramello

Abstract

type="main"> This paper is aimed at assessing the role of the judicial system in facilitating entrepreneurial action. More precisely it tries to show how the quality in solving dispute affects the would-be entrepreneurs' perception on the reliability in enforcing contract and the easiness in accessing credit. The estimates confirm the aforementioned theoretical premises on an empirical ground. Judicial efficiency is a relevant factor for explaining entrepreneurship also when accounting for a set of various country-specific characteristics regarding not only the judiciary, but also the law on the books, the political environment, and socio-economic conditions.

Suggested Citation

  • Roberto Ippoliti & Alessandro Melcarne & Giovanni B. Ramello, 2015. "The Impact of Judicial Efficiency on Entrepreneurial Action: A European Perspective," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 44(1), pages 57-74, February.
    • Handle: RePEc:bla:ecnote:v:44:y:2015:i:1:p:57-74
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    Citations

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    Cited by:

    1. Bielen, Samantha & Peeters, Ludo & Marneffe, Wim & Vereeck, Lode, 2018. "Backlogs and litigation rates: Testing congestion equilibrium across European judiciaries," International Review of Law and Economics, Elsevier, vol. 53(C), pages 9-22.
    2. Emery, Thomas & Mélon, Lela & Spruk, Rok, 2023. "Does e-procurement matter for economic growth? Subnational evidence from Australia," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 318-334.
    3. Błażej Prusak & Sylwia Morawska & Michał Łukowski & Przemysław Banasik, 2022. "The impact of bankruptcy regimes on entrepreneurship and innovation. Is there any relationship?," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 473-498, March.
    4. Francesco Aiello & Graziella Bonanno & Francesco Foglia, 2021. "On The Heterogeneity In The Judicial Efficiency Literature: A Meta-Regression Analysis," Working Papers 202102, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    5. Jonas Månsson & Christian Andersson & Fredrik Bonander, 2022. "What lessons can be learned from cost efficiency? The case of Swedish district courts," European Journal of Law and Economics, Springer, vol. 54(3), pages 431-451, December.
    6. Wil Martens & Prem Yapa & Maryam Safari, 2021. "Earnings Management in Frontier Market: Do Institutional Settings Matter?," Economies, MDPI, vol. 9(1), pages 1-19, February.
    7. Roberto Ippoliti, 2015. "La riforma della geografia giudiziaria: efficienza tecnica e domanda di giustizia," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2015(2), pages 91-124.
    8. Greta Falavigna & Roberto Ippoliti, 2018. "Industrial spatial dynamics, financial health and bankruptcy: evidence from Italian manufacturing industry," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(4), pages 533-554, December.
    9. Ippoliti, Roberto, 2014. "Efficienza Tecnica e Geografia Giudiziaria," POLIS Working Papers 178, Institute of Public Policy and Public Choice - POLIS.

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