Constraints in the Economic Analysis of Law in China

Abstract Since its introduction to China in the 1980s, the field of law and economics has undergone significant development, with a growing emphasis on empirical research. However, the integration of economic analysis into the current legal study framework has been constrained by insufficient supply and limited demand for this knowledge. This study provides a detailed analysis of the challenges hindering the advancement of law and economics in China. It categorizes research in this field into three main areas: case analysis of legal issues, quantitative analysis of the law, and empirical studies on the economic impact of law and regulations. The study examines the progress made in each category of research and identifies the key obstacles that need to be addressed.