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Using Field Experiments to Understand the Impact of Institutions on Economic Growth

In: Handbook of New Institutional Economics

Author

Listed:
  • Omar Al-Ubaydli

    (Studies and Research Department
    George Mason University)

  • Faith Fatchen

    (University of Chicago)

  • John List

    (University of Chicago)

Abstract

Field experiments are a useful empirical tool that can be deployed in any sub-discipline—including institutional economics—to enhance the sub-discipline’s empirical insights. However, we here argue that there exist fundamental barriers to the use of field experiments in understanding the impact of institutions on economic growth. Despite these obstacles, we present some significant scholarly contributions that merit exposition, while also proposing some future methods for using field experiments within institutional economics. While field experiments may be limited in answering questions in institutional economics with macroeconomic outcomes, there is great potential in employing field experiments to answer micro-founded questions.

Suggested Citation

  • Omar Al-Ubaydli & Faith Fatchen & John List, 2025. "Using Field Experiments to Understand the Impact of Institutions on Economic Growth," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, edition 0, chapter 42, pages 1117-1143, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-50810-3_42
    DOI: 10.1007/978-3-031-50810-3_42
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    1. Omar Al-Ubaydli & Faith Fatchen & John List, 2025. "Using Field Experiments to Understand the Impact of Institutions on Economic Growth," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, edition 0, chapter 42, pages 1117-1143, Springer.

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