This article addresses a public policy question: Does state government regulation foster or deter economic development? The authors estimate a system of simultaneous equations for income growth, regulation growth, and growth in the number of new enterprises. It is found that regulation does not...

This research investigates the relationship between public policy and firm deaths in the U.S. States. Policies that promote firm births may increase or decrease firm deaths. We use components of the Economic Freedom of North America index (EFNA) as a metric to evaluate the relationship between...

This article addresses a public policy question: Does state government regulation foster or deter economic development? The authors estimate a system of simultaneous equations for income growth, regulation growth, and growth in the number of new enterprises. It is found that regulation does not...