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Firm Size and Judicial Efficiency in Italy: Evidence from the Neighbour's Tribunal

Listed author(s):
  • Silvia Giacomelli
  • Carlo Menon

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.

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File URL: http://www.spatialeconomics.ac.uk/textonly/SERC/publications/download/sercdp0108.pdf
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Paper provided by Spatial Economics Research Centre, LSE in its series SERC Discussion Papers with number 0108.

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Date of creation: May 2012
Handle: RePEc:cep:sercdp:0108
Contact details of provider: Web page: http://www.spatialeconomics.ac.uk/SERC/publications/default.asp

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