Ernest Liu
Biographic Data
| ID | 5867692 |
|---|---|
| NAME | Ernest Liu |
| GIVEN NAMES | Ernest |
| FAMILY NAME | Liu |
| SIGNATURE | LIU E |
| AFFILIATIONS | National Bureau of Economic Research |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 6 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2023 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 1 |
Court Capture, Local Protectionism, and Economic Integration
Court capture in developing countries is pervasive, yet its economic effects remain underexplored. We study a Chinese reform that transferred financial and personnel authority over local courts from local to provincial governments. Exploiting the staggered roll-out, we find a 7.3% decline in local defendants’ win rates against non-local plaintiffs, alongside improved judicial quality. The reform encouraged smaller non-local firms to litigate and …
The economic cost of locking down like China
Investing with the Government
We conduct a large-scale, nondeceptive field experiment to elicit preferences for government participation in China's venture capital and private equity market. Our main result is that the average firm dislikes investors with government ties. We show that such dislike is not present with government-owned firms and that this dislike is highest with best-performing firms. Additional results and surveys suggest that political interference in decisio…
Investing with the Government
We conduct a large-scale, nondeceptive field experiment to elicit preferences for government participation in China's venture capital and private equity market. Our main result is that the average firm dislikes investors with government ties. We show that such dislike is not present with government-owned firms and that this dislike is highest with best-performing firms. Additional results and surveys suggest that political interference in decisio…
The economic cost of locking down like China
Investing with the Government
We conduct a large-scale, nondeceptive field experiment to elicit preferences for government participation in China's venture capital and private equity market. Our main result is that the average firm dislikes investors with government ties. We show that such dislike is not present with government-owned firms and that this dislike is highest with best-performing firms. Additional results and surveys suggest that political interference in decisio…
The economic cost of locking down like China
Court Capture, Local Protectionism, and Economic Integration
Court capture in developing countries is pervasive, yet its economic effects remain underexplored. We study a Chinese reform that transferred financial and personnel authority over local courts from local to provincial governments. Exploiting the staggered roll-out, we find a 7.3% decline in local defendants’ win rates against non-local plaintiffs, alongside improved judicial quality. The reform encouraged smaller non-local firms to litigate and …
China (3 works) · Business (2 works) · Economic Policies and Impacts (2 works) · Economics (2 works) · Automotive Engineering (1 works) · Automotive Engineering (1 works) · Complementarity (molecular biology (1 works) · Corruption and Economic Development (1 works) · Economic reform (1 works) · Energy, Environment, and Transportation Policies (1 works)