Klick, Jonathan --- "Empirical analysis of regulation: the promise of field experiments in China" [2017] ELECD 1138; in Weishaar, E. Stefan; Philipsen, Niels; Xu, Wenming (eds), "Regulatory Reform in China and the EU" (Edward Elgar Publishing, 2017) 267

Book Title: Regulatory Reform in China and the EU

Editor(s): Weishaar, E. Stefan; Philipsen, Niels; Xu, Wenming

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781785368530

Section: Chapter 11

Section Title: Empirical analysis of regulation: the promise of field experiments in China

Author(s): Klick, Jonathan

Number of pages: 7

Abstract/Description:

This chapter reviews the empirical revolution in law and economics. Its growing reliance on natural or quasi-experimental research designs has increased the credibility and usefulness of scholarly work in this discipline. This evolution also offers great possibilities for China to overcome methodological deficiencies of law and economics research by drawing upon its well-functioning bureaucracy, large population and numerous jurisdictional units. By basing its regulatory reform on randomized field experiments, China is uniquely suited to systematically test its regulations and policies and provides important and robust lessons for other countries and jurisdictional units.