Courts and Business Registration : Evidence from Serbia
This paper studies the effects of a reform in Serbia that transferred business registration from regional courts to a centralized agency. Using administrative data, the analysis employs a difference-in-difference strategy that compares new firms...
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Online Access: | http://documents.worldbank.org/curated/en/834991539264667624/Courts-and-Business-Registration-Evidence-from-Serbia http://hdl.handle.net/10986/30579 |
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okr-10986-305792022-09-20T00:13:13Z Courts and Business Registration : Evidence from Serbia Bruhn, Miriam Cho, Caleb Marusic, Andreja Nguyen, Ha Reyes, Jose-Daniel Tran, Trang PUBLIC SECTOR REFORM BUSINESS REGISTRATION BUSINESS ENVIRONMENT REGULATION ADMINISTRATIVE REFORM FIRM CREATION This paper studies the effects of a reform in Serbia that transferred business registration from regional courts to a centralized agency. Using administrative data, the analysis employs a difference-in-difference strategy that compares new firms before and after the reform across districts based on the level of distrust in regional courts. The results suggest that the reform increased the number of new firms more in regions with higher initial levels of distrust, by up to 34 percent. The reform also increased the survival rates of new firms. These effects are large compared to those of other types of registration reforms, suggesting that courts can pose significant barriers to new firm creation. 2018-10-16T20:33:38Z 2018-10-16T20:33:38Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/834991539264667624/Courts-and-Business-Registration-Evidence-from-Serbia http://hdl.handle.net/10986/30579 English Policy Research Working Paper;No. 8611 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Serbia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
PUBLIC SECTOR REFORM BUSINESS REGISTRATION BUSINESS ENVIRONMENT REGULATION ADMINISTRATIVE REFORM FIRM CREATION |
spellingShingle |
PUBLIC SECTOR REFORM BUSINESS REGISTRATION BUSINESS ENVIRONMENT REGULATION ADMINISTRATIVE REFORM FIRM CREATION Bruhn, Miriam Cho, Caleb Marusic, Andreja Nguyen, Ha Reyes, Jose-Daniel Tran, Trang Courts and Business Registration : Evidence from Serbia |
geographic_facet |
Europe and Central Asia Serbia |
relation |
Policy Research Working Paper;No. 8611 |
description |
This paper studies the effects of a
reform in Serbia that transferred business registration from
regional courts to a centralized agency. Using
administrative data, the analysis employs a
difference-in-difference strategy that compares new firms
before and after the reform across districts based on the
level of distrust in regional courts. The results suggest
that the reform increased the number of new firms more in
regions with higher initial levels of distrust, by up to 34
percent. The reform also increased the survival rates of new
firms. These effects are large compared to those of other
types of registration reforms, suggesting that courts can
pose significant barriers to new firm creation. |
format |
Working Paper |
author |
Bruhn, Miriam Cho, Caleb Marusic, Andreja Nguyen, Ha Reyes, Jose-Daniel Tran, Trang |
author_facet |
Bruhn, Miriam Cho, Caleb Marusic, Andreja Nguyen, Ha Reyes, Jose-Daniel Tran, Trang |
author_sort |
Bruhn, Miriam |
title |
Courts and Business Registration : Evidence from Serbia |
title_short |
Courts and Business Registration : Evidence from Serbia |
title_full |
Courts and Business Registration : Evidence from Serbia |
title_fullStr |
Courts and Business Registration : Evidence from Serbia |
title_full_unstemmed |
Courts and Business Registration : Evidence from Serbia |
title_sort |
courts and business registration : evidence from serbia |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/834991539264667624/Courts-and-Business-Registration-Evidence-from-Serbia http://hdl.handle.net/10986/30579 |
_version_ |
1764472423229423616 |