journal: Asian Journal of Law and Economics

Impact Factor: 0.7

Veröffentlicht seit 20. Juni 2010

Asian Journal of Law and Economics

The Official Publication of the Asian Law and Economics Association

ISSN: 2154-4611

Editor-in-Chief: Jeong-Yoo Kim

Herausgegeben von: Albert Choi, Masaki Iwasaki, Duol Kim, Zhiyong (John) Liu, Yue Qiao

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Über diese Zeitschrift

Objective
The Asian Journal of Law and Economics (AJLE) publishes high quality research in law and economics, both theoretical and empirical. It is the only journal that pays special attention to the economic aspect of laws in Asian countries. Although the editors are particularly interested in legal issues that originally occurred in Asia, they welcome submissions on any subject from any region without prejudice. The analysis of court cases or legal proposals is also welcome. In general, the editors prefer innovative insights rather than mere fact-findings or technical extensions. The journal will be of interest to economists, legal scholars, legal practitioners and government officials. The coverage of the subjects include property law, contract law, tort law, criminal law, antitrust law, corporate law, labor law, environmental law, international law, tax law, bankruptcy law, family law, administrative law, constitution, legal procedure, law enforcement, political economy, and comparative law, and more. AJLE is edited by leading members of the Asian Law and Economics Association, founded in 2005, and is the official publication of that organization.

Topics

Property law
Contract law
Tort law
Criminal law
Antitrust law
Corporate law
Labor law
Environmental law
International law
Tax law
Bankruptcy law
Family law
Administrative law
Constitution
Legal procedure
Law enforcement
Political economy
Comparative law

Article formats
Original Research Articles, Review Articles, Book Reviews

Information on submission process

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High quality research in law and economics
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Asian Law and Economics Association’s official publication
Theoretical and empirical approach to the subject matter of the journal
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Geschichte

Three issues/year
Content available since 2010 (Volume 1, Issue 1)
ISSN: 2154-4611

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Band 14 Heft 2

August 2023

Öffentlich zugänglich 3. August 2023

Frontmatter

Seiten: i-ii

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Research Articles

27. März 2023

Make-in-India: Moving from a Monocentric to a Polycentric Response to the COVID-19 Crisis!

Feler Bose

Seiten: 97-117

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Abstract

The paper will look at the initial and subsequent Indian government’s response to the COVID-19 focusing event. The strategy used to tackle the initial Covid-19 wave in India was copied from resource-rich countries and authoritarian countries and due to centralization bias in India’s institutions, a monocentric response to the crisis was the default instead of cooperative solutions. However, the response to the pandemic should have been by multiple decision centers and based on local and institutional knowledge, considering India’s institutions, culture, and state capacity, for a “Make-in-India” polycentric response. Solving large-scale health externalities requires coproduction to deal with nested externalities more effectively instead of monocentric global responses. I propose policy considering previous epidemic responses focusing on polycentric governance where civil society is incentivized.

22. März 2023

Golf Lobby and Anti-Grafting Law: Evidence from South Korea

Joonmo Cho, Yeasung Jeong

Seiten: 119-133

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Abstract

In 2016, the Improper Solicitation and Graft Act entered into force in South Korea, which prohibits any improper activities that can be regarded as lobbying. The Golf industry was expected to have a direct effect from the Act since the sport of golf in Korea has been regarded as highly political. Therefore, this study focuses on the impact of the Act on the demands of golf. Our empirical analysis shows that the Act led to a decrease in the number of visitors and membership prices of private golf courses. The results indicate that those who had regarded golf as a political activity may now have little incentive to be involved in lobbying held on private golf courses.

20. Januar 2023

The Middle-Income Trap and Competition Policy: An Institutional Analysis

Huike Song, Caroline Buts, Marc Jegers

Seiten: 135-161

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Abstract

This article studies a potential link between the middle-income trap and competition policy. It analyzes how a country’s competition policy relates to the transition process from the middle-income stage to the high-income stage, and what features of competition policy are accompanying a countryʼs successful leap from the middle-income group of countries. We find that to avoid falling into the middle-income trap, a country should have an appropriate institutional environment, which includes rigorous adherence to the rule of law, high regulatory quality, and high government effectiveness. It seems necessary to introduce competition policy as early as possible for countries in the upper middle-income stage. The quality of competition law and the independence of the competition authority must be guaranteed.

25. November 2022

An Appraisal of the Legal Framework and the Impact of Administrative Corruption on the Jordanian Economy: An Empirical Evidence

Hadeel Al-Zu’bi, Raad Al-Tal, Raed Abu Rubaiha

Seiten: 163-188

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Abstract

The purpose of this study is to develop an understanding of the legal framework for combatting administrative corruption in Jordan and its impact on the Jordanian economy. This paper seeks to answer its key-question which asks whether the existence of a robust legal framework for combatting administrative corruption is able to help to grease the wheels of a slow-moving economy. The study uses 2SLS econometric technique for estimating the relationship between administrative corruption and economic growth. This paper indicates one major conclusion which is the irrevocably annual loss of economic opportunities due to administrative corruption, subsequently, economic progress cannot be achieved without proper administration. The national strategy and the legal frameworks related to anti-corruption are not sufficient enough to grease the wheels for economic growth. Combatting corruption in Jordan is still facing legal and technical obstacles appeared in practice, therefore, more time to surround and prevent corruption is still needed.

22. Mai 2023

Efficacy of Adjudication Process of Corporate Insolvency Resolution Process (CIRP): Law and Economics of National Company Law Tribunal (NCLT)

Hiteshkumar Thakkar, Pranay Agarwal, Urmi Shah

Seiten: 189-206

Mehr

Abstract

National Company Law Tribunals (NCLTs) form the backbone of the institutional setup of the corporate law mechanism. The tribunals though were initially given a minimal role in the judicial procedure of the corporate world and were seen with scepticism, their significance could not be ignored for long. With the increase in insolvency disputes, the NCLTs were even given the jurisdiction to handle the cases regarding the Insolvency and Bankruptcy Code (IBC) and Corporate Insolvency Resolution Process (CIRP) . However, the efficiency of these tribunals has to be inspected with respect to CIRP cases for knowing the clear picture. In this paper, an economic analysis of the working of the NCLT Ahmedabad is undertaken to get a better understanding of the efficiency of the NCLTs in general. The study relies on qualitative tools such as interviewers conducted by relevant stakeholders and observing NCLT court proceedings to capture the measurement reality of NCLT efficiency . The study also relies on descriptive statistics of time taken and recovery to measure the efficacy of NCLT.

Ahead-of-Print / Just-Accepted

Ahead-of-Print / Just-Accepted

Band 14 (2023)

Band 13 (2022)

Band 12 (2021)

Band 11 (2020)

Band 10 (2019)

Band 9 (2018)

Band 8 (2017)

Band 7 (2016)

Band 6 (2015)

Band 5 (2014)

Heft 1-2

Band 4 (2013)

Heft 1-2

Band 3 (2012)

Band 2 (2011)

Band 1 (2010)

Journal Impact Factor	0.7	2022, Journal Citation Reports (Clarivate, 2023)
5-year Journal Impact Factor	0.5	2022, Journal Citation Reports (Clarivate, 2023)
Journal Citation Indicator	0.48	2022, Journal Citation Reports (Clarivate, 2023)
CiteScore	0.6	2022, Scopus (Elsevier B.V., 2023)
SCImago Journal Rank	0.185	2022, SJR (Scimago Lab, 2023; Data Source: Scopus)
Source Normalized Impact per Paper	0.552	2022, CWTS Journal Indicators (CWTS B.V., 2023; Data Source: Scopus)

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Editorial

Editor-in-Chief
Jeong-Yoo Kim, Kyung Hee University, Seoul, Korea

Co-Editors
Albert Choi, University of Michigan, Ann Arbor, USA
Masaki Iwasaki, Seoul National University, Korea
Duol Kim, Myongji University, Seoul, Korea
Zhiyong (John) Liu, Indiana State University, Terre Haute, USA
Yue Qiao, Shandong University, Jinan, China

Editorial Board
Reiko Aoki, Hitotsubashi University, Tokyo, Japan
Felix Chan, University of Hong Kong
Kong-Pin Chen, Academia Sinica and National Taiwan University, Taipei, Taiwan
Tai-Yeong Chung, University of Western Ontario, London, Canada
Ben Depoorter, University of California, San Francisco, USA
Aaron Edlin, University of California, Berkeley, USA
Michael Faure, Maastricht University, Maastricht, Netherlands
Tim Friehe, Univesity of Marburg, Marburg, Germany
Jinyoung Kim, Korea University, Seoul, Korea
Sue Mialon, Emory University, Atlanta, USA
Hugo Mialon, Emory University, Atlanta, USA
Thomas Miceli, University of Connecticut, USA
Sang-Ho Lee, Chonnam National University, Gwangju, Korea
Shozo Ota, The Graduate Schools for Law and Politics at the University of Tokyo, Japan
Francesco Parisi, University of Minnesota, USA
Ronen Perry, University of Haifa, Israel
Avraham Tabbach, Tel Aviv University, Israel
Chenggang Xu, University of Hong Kong, China

Advisory Editors
Yeon-Koo Che, Columbia University, New York, USA
Isaac Ehrlich, SUNY, Buffalo, USA
Winand Emons, University of Bern, Switzerland
Jack Knetsch, Simon Fraser University, Burnaby, Canada
Nuno Garoupa, University of Illinois at Urbana-Champaign, USA
Lewis Kornhauser, New York University, USA
Eric Rasmusen, Indiana University, Bloomington, USA
Daniel Rubinfeld, New York University, New York USA
Alan Schwartz, Yale University, New Haven, USA
Thomas Ulen, University of Illinois at Urbana-Champaign, USA

(English)

Online ISSN: 2154-4611
Typ: Zeitschrift
Sprache: Englisch
Verlag: De Gruyter
Erstveröffentlichung: 20. Juni 2010
Erscheinungsweise: 3 Hefte pro Jahr
Zielgruppe: Researchers and practitioners interested in topic of the journal