Contract enforcement costs are measured as a percentage of the claim value. The Doing Business project from the World Bank recorded three cost components: average attorney fees, court costs, and enforcement costs. The data quantifies procedural expenses for resolving commercial disputes, excluding bribes.
Use Cases
- Analyze the relationship between attorney fees and overall enforcement costs across jurisdictions.
- Model the total cost percentage from its three recorded components: attorney fees, court costs, and enforcement costs.
- Benchmark national legal efficiency by comparing the cost percentage of claim value.
- Investigate the impact of a cost calculation rule (200% of income per capita or $5,000 minimum) on reported figures.
Strengths
- Data provides a standardized metric (percentage of claim) for cross-country comparison.
- Cost breakdown into three specific components: attorney fees, court costs, enforcement costs.
- Methodology applies a clear calculation rule for consistency.
Limitations
- Sample size and temporal coverage are unknown.
- Data excludes informal costs like bribes, potentially underestimating real expenses.
- Geographic bias may exist if coverage is not global.
Provenance
- Source
- Doing Business project, World Bank.
- Collection Method
- Recorded based on standardized case study assumptions.
- Time Range
- null
- Freshness
- null
- Geography
- null