Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/77734 
Erscheinungsjahr: 
2012
Quellenangabe: 
[Journal:] SERIEs - Journal of the Spanish Economic Association [ISSN:] 1869-4195 [Volume:] 3 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2012 [Pages:] 339-365
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
The weight of the housing tenancy market in Spain is very low. It is frequently argued that an ineffective judicial system, implying a cumbersome procedure to evict a non-paying tenant or simply requiring a long period to execute a decision, may be an important determinant of the tenancy market's weakness, as it constrains the effective supply by reducing the profitability of landlords. This research studies this effect econometrically using a panel data approach and exploring differences in judicial efficacy among the Spanish provinces. After controlling for several other factors, this study concludes that the degree of inefficacy of the judicial system has a positive impact on the property share among provinces in Spain.
Schlagwörter: 
judicial efficacy
property market
tenancy market
contract enforcement
JEL: 
K40
R21
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe
312.11 kB





Publikationen in EconStor sind urheberrechtlich geschützt.