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Federal Regulation and Aggregate Economic Growth
Dawson, John W. - 2013
We introduce a new time series measure of the extent of federal regulation in the U.S. and use it to investigate the … relationship between federal regulation and macroeconomic performance. We find that regulation has statistically and economically … labor. Regulation has caused substantial reductions in the growth rates of both output and TFP and has had effects on the …
Persistent link: https://www.econbiz.de/10013086172
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The Cumulative Cost of Regulations
Coffey, Bentley; McLaughlin, Patrick A.; Peretto, Pietro F. - 2018
We estimate the effects of federal regulation on value added to GDP for a panel of 22 industries in the United States …-form solutions of a multisector Schumpeterian model of endogenous growth. We allow regulation to enter the specification in a … annum since 1980. Had regulation been held constant at levels observed in 1980, our model predicts that the economy would …
Persistent link: https://www.econbiz.de/10014124376
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Regulation and Economic Growth : Evidence from British Columbia’s Experiment in Regulatory Budgeting
Coffey, Bentley; McLaughlin, Patrick A. - 2021
We exploit a quasi-natural experiment to identify the effect of regulatory accumulation on economic growth. Following a decade of poor economic growth, the Canadian province of British Columbia implemented a regulatory budget in 2001. We use a difference-in-differences strategy to estimate the...
Persistent link: https://www.econbiz.de/10013222425
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Stagnant Wages, Sectoral Misallocation and Slowing Productivity Growth
Schmöller, Michaela - 2019
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest that an upward shift in employment, triggered for...
Persistent link: https://www.econbiz.de/10012099160
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Stagnant wages, sectoral misallocation and slowing productivity growth
Schmöller, Michaela - 2019
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest that an upward shift in employment, triggered for...
Persistent link: https://www.econbiz.de/10012307862
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Inequality, Poverty and Hunger in Developing Countries : Sustainability Implications
Nwaobi, Godwin Chukwudum - 2014
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10013058063
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Rust Belt Politics: The national NAFTA debate during recent US presidential election cycles
Tanoos, James - In: Review of Applied Socio-Economic Research 3 (2012) 1, pp. 184-194
The North American Free Trade Agreement (NAFTA) once again became a newsworthy topic in the US media, this time during the contested Spring 2008 Democratic primary for the US presidency, particularly from campaign talking-points originating within Midwestern Rust-Belt states. Although the merits...
Persistent link: https://www.econbiz.de/10010556639
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Federal Regulation and Aggregate Economic Growth
Dawson, John W.; Seater, John J. - Department of Economics, Appalachian State University - 2009
We introduce a new measure of the extent of federal regulation in the U.S. and use it to investigate the relationship … between federal regulation and macroeconomic performance. We find that regulation has statistically and economically … labor. Regulation has caused substantial reductions in the growth rates of both output and TFP and has had effects on the …
Persistent link: https://www.econbiz.de/10005593701
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Was Brazil's recent growth acceleration the world's most overrated boom?
Palma, J.G. - Faculty of Economics, University of Cambridge - 2012
As soon as international financial markets felt reassured in 2003 by the surprisingly neoliberal orientation of President Lula’s government, the ‘spot-the-new-Latin-tiger’ financial brigade became dazzled by Brazil — they just couldn’t have enough of it. So much so, that they had...
Persistent link: https://www.econbiz.de/10010699816
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Entry Deregulation, Market Turnover, and Efficiency : China’s Business Registration Reform
Barwick, Panle Jia; Chen, Luming; Li, Shanjun; Zhang, Xiaobo - 2022
Although entry regulation is ubiquitous across countries, comprehensive evaluations on the broad impacts of such …
Persistent link: https://www.econbiz.de/10013291050