Despite the prevalent use of quota restrictions, little experimental work exists on the effect on market performance of quotas. This chapter elaborates on the different types of quota that can exist and how they are applied in the real world. This is then followed by the some experimental...

This paper uses the enactment of China’s 2007 Property Law (the Law), which reduces the risk of expropriation by local governments, as the setting to investigate the importance of property rights protection for private firm investment. Using propensity score matching and a...