Events

As part of Columbia University's Spring 2024 Development Workshop, Ama Baafra Abeberese will present "Court Efficiency, Contract Enforcement and Informality: Evidence from India" at the Development Seminar.

Abstract:

Inefficient courts can negatively affect contract enforcement and, hence, reduce the benefits of formalizing. We find evidence of this using data on Indian firms and courts. We find an increase in informality in states where court cases take longer to be resolved. We investigate heterogeneity of this effect by the contract intensity of industries.