Balas, Aron; Porta, Rafael La; Lopez-de-Silanes, Florencio - In: American Economic Journal: Economic Policy 1 (2009) 2, pp. 138-62
Simeon Djankov et al. (2003) introduce a measure of the quality of contract enforcement -- the formalism of civil procedure -- for 109 countries as of 2000. For 40 of these countries, we compute procedural formalism every year since 1950. We find that large differences in procedural formalism...