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Judicial efficiency and entrepreneurs’ expectations on the reliability of European legal systems

Author

Listed:
  • Roberto Ippoliti

    ()

  • Alessandro Melcarne

    ()

  • Giovanni Ramello

    ()

Abstract

Many theories have tried to discover the determinants of entrepreneurship while at the same time defining a policy contour for its promotion. This study advances the extant discussion by focusing on the specific relationship between national judiciaries’ performances and expectations about the reliability of the legal framework, which is an important component fostering entrepreneurial action. More precisely, by conducting an empirical investigation on a number of European countries, it assesses the role that judicial efficiency plays in reducing endogenous uncertainty in markets. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Roberto Ippoliti & Alessandro Melcarne & Giovanni Ramello, 2015. "Judicial efficiency and entrepreneurs’ expectations on the reliability of European legal systems," European Journal of Law and Economics, Springer, vol. 40(1), pages 75-94, August.
  • Handle: RePEc:kap:ejlwec:v:40:y:2015:i:1:p:75-94
    DOI: 10.1007/s10657-014-9456-x
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    References listed on IDEAS

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    1. Sujata Visaria, 2009. "Legal Reform and Loan Repayment: The Microeconomic Impact of Debt Recovery Tribunals in India," American Economic Journal: Applied Economics, American Economic Association, vol. 1(3), pages 59-81, July.
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    Citations

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    Cited by:

    1. Samantha Bielen & Wim Marneffe & Peter Grajzl & Valentina Dimitrova-Grajzl, 2016. "The Duration of Judicial Deliberation: Evidence from Belgium," CESifo Working Paper Series 5947, CESifo Group Munich.
    2. Stefan Voigt, 2016. "Determinants of judicial efficiency: a survey," European Journal of Law and Economics, Springer, vol. 42(2), pages 183-208, October.
    3. repec:eee:irlaec:v:53:y:2018:i:c:p:9-22 is not listed on IDEAS
    4. Melcarne Alessandro & Ramello Giovanni B., 2015. "Judicial Independence, Judges’ Incentives and Efficiency," Review of Law & Economics, De Gruyter, vol. 11(2), pages 149-169, July.
    5. Roberto Ippoliti & Massimiliano Vatiero, 2014. "An analysis of how 2002 judicial reorganisation has impacted on the performance of the First Instance Courts (Preture) in Ticino," IdEP Economic Papers 1408, USI Università della Svizzera italiana.
    6. Roberto Ippoliti, 2015. "La riforma della geografia giudiziaria: efficienza tecnica e domanda di giustizia," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2015(2), pages 91-124.
    7. repec:kap:ejlwec:v:44:y:2017:i:2:d:10.1007_s10657-017-9565-4 is not listed on IDEAS
    8. 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.
    9. Ippoliti, Roberto, 2014. "Efficienza Tecnica e Geografia Giudiziaria," POLIS Working Papers 178, Institute of Public Policy and Public Choice - POLIS.

    More about this item

    Keywords

    Judicial efficiency; Courts performance; Enforcing contract; Entrepreneurship; Clearance rate; DEA; K41; L26; C14;

    JEL classification:

    • K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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