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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Main Authors: Bruhn, Miriam, Cho, Caleb, Marusic, Andreja, Nguyen, Ha, Reyes, Jose-Daniel, Tran, Trang
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/834991539264667624/Courts-and-Business-Registration-Evidence-from-Serbia
http://hdl.handle.net/10986/30579
id okr-10986-30579
recordtype oai_dc
spelling 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
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