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 …

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 …

Although entry regulation is ubiquitous across countries, comprehensive evaluations on the broad impacts of such …

We introduce a new measure of the extent of federal regulation, the number of pages in the Code of Federal Regulations …, and use it to investigate the relationship between federal regulation and macroeconomic performance in the U.S. We find … that regulation has statistically and economically significant effects on aggregate output and the factors that produce it …