| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15007 |
| DP15007 Going Bankrupt in China | |
| Jacopo Ponticelli; Bo Li | |
| 发表日期 | 2022-02-14 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Using a new case-level dataset we document a set of stylized facts on bankruptcy in China and study how the staggered introduction of specialized courts across Chinese cities affects insolvency resolution and the local economy. For identification, we compare bankruptcy cases handled by specialized versus traditional civil courts within the same city and filed in the same year. We find that specialized courts decrease case duration by 36% relative to traditional civil courts. We provide evidence consistent with court specialization increasing efficiency via selection of better trained judges and higher judicial independence from local politicians. We document that cities introducing specialized courts experience a relative reallocation of employment out of zombie-firms-intensive sectors, as well as faster firm entry and a larger increase in average capital productivity. |
| 主题 | Development Economics ; Financial Economics |
| 关键词 | Specialized courts Political influence Court efficiency Zombie firms |
| URL | https://cepr.org/publications/dp15007-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545981 |
| 推荐引用方式 GB/T 7714 | Jacopo Ponticelli,Bo Li. DP15007 Going Bankrupt in China. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Jacopo Ponticelli]的文章 |
| [Bo Li]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Jacopo Ponticelli]的文章 |
| [Bo Li]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Jacopo Ponticelli]的文章 |
| [Bo Li]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
