The Resource Legal Reform, Contract Enforcement and Firm Size in Mexico, Sean Dougherty, (electronic resource)

Legal Reform, Contract Enforcement and Firm Size in Mexico, Sean Dougherty, (electronic resource)

Label
Legal Reform, Contract Enforcement and Firm Size in Mexico
Title
Legal Reform, Contract Enforcement and Firm Size in Mexico
Statement of responsibility
Sean Dougherty
Creator
Subject
Language
eng
Summary
Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size. Although the country has a single legal system, its implementation and procedures vary widely, while development outcomes there are more imbalanced and unequal than in any other country of the OECD. The effect of the legal system on inter-state firm efficiency is therefore examined. Building on Laeven and Woodruff (2007), this study uses economic census microdata and contract enforcement ratings to examine the impact of state-level legal institutions on firm and industrylevel outcomes. A robust effect of judicial quality is observed on the firm size distribution and efficiency, instrumenting for underlying historical determinants of institutions. Indicative evidence is found that the effect is strongest in more capital-intensive industries. Market size and distance-to-market are also found to matter for firm size outcomes, consistent with the new trade literature
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Dougherty, Sean M.
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
OECD Economics Department Working Papers,
Series volume
no.1042
http://library.link/vocab/subjectName
  • Business
  • Economics
  • Mexico
  • Commerce
Label
Legal Reform, Contract Enforcement and Firm Size in Mexico, Sean Dougherty, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
844453259
Dimensions
21 x 30 cm
Extent
1 online resource 26 pages
File format
multiple file formats
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k483jscn8s8-en
Specific material designation
remote
System control number
(OCoLC)844453259
Label
Legal Reform, Contract Enforcement and Firm Size in Mexico, Sean Dougherty, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
844453259
Dimensions
21 x 30 cm
Extent
1 online resource 26 pages
File format
multiple file formats
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k483jscn8s8-en
Specific material designation
remote
System control number
(OCoLC)844453259

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