Regulatory Reform in China and the EU
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Regulatory Reform in China and the EU

A Law and Economics Perspective

Edited by Stefan E. Weishaar, Niels Philipsen and Wenming Xu

With the Chinese government planning a comprehensive and detailed reform of regulatory law, the European experience is likely to contribute significantly. This timely book analyses comparative Chinese and EU regulatory reform from a Law and Economics perspective.
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Chapter 11: Empirical analysis of regulation: the promise of field experiments in China

Jonathan Klick

Abstract

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.

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