Economic analysis of the operation of the economic law
Tian Kai-you
Abstract
Tian Kai-you
Abstract
Using concepts,methods and theories of economics to analyze legal systems about policy-making implement and reaction of economic law and uncover their economic causes helps for directing the operation of economic law and the performance of economic functions.The in-equilibrium present of the economic law operating,includes the interior in-equilibrium-opposite changing quantities and behaviors in economic law,and also includes the exterior one between economic law civil law and administrative law.What cause the present is in that institution arrangements structures do not go with economy principle and options.Confused definition of the resources of public right,un-equality of information and characteristics as public goods are obstacles to economic law's effective operation.Thus,institutionalization of the policy-making mechanism, institutional bond of the implement stage and establishment of the informational reaction mechanism can ensure the economic law effectively operating.
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Using concepts,methods and theories of economics to analyze legal systems about policy-making implement and reaction of economic law and uncover their economic causes helps for directing the operation of economic law and the performance of economic functions.The in-equilibrium present of the economic law operating,includes the interior in-equilibrium-opposite changing quantities and behaviors in economic law,and also includes the exterior one between economic law civil law and administrative law.What cause the present is in that institution arrangements structures do not go with economy principle and options.Confused definition of the resources of public right,un-equality of information and characteristics as public goods are obstacles to economic law's effective operation.Thus,institutionalization of the policy-making mechanism, institutional bond of the implement stage and establishment of the informational reaction mechanism can ensure the economic law effectively operating.
Key concepts: Economic law, Public law, Commercial law, Institutionalisation, Economics, Private law, General equilibrium theory, Economic analysis