
Biography
Ting Chen is an associate professor in the Department of Economics at Hong Kong Baptist University. She obtained my Ph.D. in Social Science from the Hong Kong University of Science and Technology in 2015. Her research interests lie in the fields of Political Economy, Economic History, and Long-term Economic Development.
She also serves as the associate director of the Centre for Business Analytics and the Digital Economy in the School of Business.
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We exploit differences in the hometowns of graduates from China’s first specialized legal university to estimate the effect of modern court establishment on local financial development. In response to the urgent need for legal modernization, Chaoyang University was founded in 1912 and graduated more than 3,000 legal professionals. Counties with varying numbers of Chaoyang graduates had different opportunities to access specialized knowledge-legal professionalism-and consequently varied prospects for establishing modern courts. The establishment of county-level courts has a significant positive impact on the development of local banking industries, which are heavily dependent on the local legal environment. This effect is achieved through the facilitation of standardized and specialized legal services and the strengthening of trust in modern financial institutions.
