Trebbi, Francesco; Zhang, Miao Ben; Simkovic, Michael - 2023
One of the key questions in the study of regulation is whether the costs of regulatory compliance fall homogeneously on … all businesses or whether certain firms, for instance small ones, are especially penalized. We quantify firms' compliance … engaged in regulatory compliance. On average for 2002-14, regulatory costs account for 1.34% to 3.33% of a firm's wage bill …