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A cross-country analysis of the impact of regulatory quality on commercial case disposition time

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  • Samantha Bielen
  • Wim Marneffe
  • Lode Vereeck

Abstract

Commercial courts around the world encounter prolonged legal procedures, which harms businesses that require dispute resolution through the legal system. This paper, for the first time, tests whether a country’s quality of business regulation impacts the average commercial case disposition time. Panel regression analyses of 133 countries from 2006 to 2011 substantiate the negative association between the perceived regulatory quality and the average duration of commercial legal disputes. Surprisingly, the actual regulatory quality does not affect the average duration of a trial. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Samantha Bielen & Wim Marneffe & Lode Vereeck, 2015. "A cross-country analysis of the impact of regulatory quality on commercial case disposition time," European Journal of Law and Economics, Springer, vol. 39(3), pages 455-474, June.
  • Handle: RePEc:kap:ejlwec:v:39:y:2015:i:3:p:455-474
    DOI: 10.1007/s10657-014-9469-5
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    References listed on IDEAS

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    Cited by:

    1. Samantha Bielen & Wim Marneffe & Peter Grajzl & Valentina Dimitrova-Grajzl, 2018. "The Duration of Judicial Deliberation: Evidence from Belgium," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 174(2), pages 303-333, June.
    2. Berlemann, Michael & Christmann, Robin, 2017. "The Role of Precedents on Court Delay - Evidence from a civil law country," MPRA Paper 80057, University Library of Munich, Germany.

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    More about this item

    Keywords

    Regulatory quality; Business regulation; Disposition time; Litigation; Court delay; Commercial courts; K2; K4; C33;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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