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significance” was the economic impact of the regulation on the claimant. This article examines the conceptual problem whereby the … clarification.The article concludes that unresolved issues and complexities in adjudicating the “economic impact of the regulation …
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differences may therefore bias the estimated effects of regulation. This paper investigates the direction and the magnitude of … drives higher levels of unofficial activity, negative externalities and government regulation, thus inducing a positive … of regulation can be attributed to omitted variation in cultural traits …
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