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

Omar Al-Ubaydli (), Faith Fatchen () and John List ()
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Omar Al-Ubaydli: Studies and Research Department
Faith Fatchen: University of Chicago
John List: University of Chicago

Chapter 42 in Handbook of New Institutional Economics, 2025, pp 1117-1143 from Springer

Abstract: 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.

Keywords: Institutional economics; Economic growth; Field experiments (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-50810-3_42

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DOI: 10.1007/978-3-031-50810-3_42

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