Chinese Law Prof Blog

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George Washington University Law School

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Tuesday, April 25, 2006

The law and economics of the Beijing taxi industry

For those who are interested in such things, here's an interesting article on the economics of the Beijing taxi industry and some of the laws (primarily, the law requiring the taxi business to be undertaken by companies, not individuals, thus providing rents to those companies that get permission) behind it.

http://lawprofessors.typepad.com/china_law_prof_blog/2006/04/the_law_and_eco.html

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