The impact of the judiciary on entrepreneurship: Evaluation of Pakistan's Access to Justice Programme

• 成果类型: Article
• 署名作者: Chemin, Matthieu
• 署名单位: University of Quebec; University of Quebec Montreal
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2008.05.005
• 发表日期: 2009
• 页码: 114-125
• 关键词: Legal system; entrepreneurship

摘要

In 2002, the Pakistani government implemented a judicial reform that cost $350 million or 0.1% of Pakistan's 2002 GDP. This reform did not involve increased incentives for judges to improve efficiency but merely provided them with more training. Nonetheless, the reform had dramatic effects on judicial efficiency and consequently on entrepreneurship: judges disposed of a quarter more cases and entry rate of new firms increased by half due to the reform. Using data from the World Bank Group Entrepreneurship Database, our estimates suggest that this translates into an increase of Pakistan's GDP by 0.5%. (c) 2008 Elsevier B.V. All rights reserved.