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This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...
Persistent link: https://www.econbiz.de/10014263111
In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries … OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of … regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is …
Persistent link: https://www.econbiz.de/10013137049
In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries … OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of … regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is …
Persistent link: https://www.econbiz.de/10012446222
spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …
Persistent link: https://www.econbiz.de/10013125656
Persistent link: https://www.econbiz.de/10013101690
pronounced effects of regulations occur when a regulation is passed and when compliance dates arrive. Our results imply that the …
Persistent link: https://www.econbiz.de/10012822649
financial regulation, and for its implementation. Indeed, the goal becomes developing a regulatory structure that minimizes the … alternative regulatory framework and proposes a fundamental shift in the way financial regulation is performed, similar to what …
Persistent link: https://www.econbiz.de/10013135771
Strong financial markets are widely thought to propel economic development, with many in finance seeing legal tradition as fundamental to protecting investors sufficiently for finance to flourish. Kenneth Dam, in the Law-Growth Nexus, finds that the legal tradition view inaccurately portrays how...
Persistent link: https://www.econbiz.de/10013039325
static gains observed in the short run since firms will continue to innovate in ways they would not have under regulation. By …
Persistent link: https://www.econbiz.de/10012446761
static gains observed in the short run since firms will continue to innovate in ways they would not have under regulation. By …
Persistent link: https://www.econbiz.de/10014113850