García-Posada, Miguel; Mora-Sanguinetti, Juan S. - Banco de España - 2013
existing literature, this paper is innovative in several important respects. First, we disentangle the impact of judicial … using a firm-level database of more than half a million companies and real data (not estimates) on judicial efficacy at the … general, we find that judicial efficacy has a positive effect on firm size, but it critically depends on the type of the …