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Persistent link: https://www.econbiz.de/10010207160
economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … competencies for the regulation of the European network industries. …
Persistent link: https://www.econbiz.de/10011491086
We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …
Persistent link: https://www.econbiz.de/10010264525
We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …
Persistent link: https://www.econbiz.de/10003805999
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10010459790
What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the structural economic effects of this institutional innovation as disintermediation in markets, dehierarchicalisation of organisations, and growing private provision of economic...
Persistent link: https://www.econbiz.de/10012906676
In 2017, President Trump signed Executive Order 13771, which required that two regulations be identified for elimination each time a new federal rule is proposed. The order also created, for the first time, a system of annual regulatory budget allocations for federal agencies. On the surface,...
Persistent link: https://www.econbiz.de/10012911017
The capture theory of regulation concludes that regulatory agencies tend to be captured by the firms they are … regulating. This paper tests the capture theory in the recent environment of nuanced agency regulation by the administrative … state, focusing on the U.S. oil refining industry. Regulation has tended to narrow refiners' margins, which harms …
Persistent link: https://www.econbiz.de/10012896511
Governments are created and run by humans, who can experience the same behavioural biases and barriers as individuals in society. Therefore, it makes sense to explore how behavioural insights (BI) can be applied to the governance of regulatory policy making, and not just to the design of...
Persistent link: https://www.econbiz.de/10012801189
What explains variation in the degree of regulation across US states and industries? We examine cross- sectional … variation in state government regulation facing 81 3-digit North American Industry Classification System industries by matching … states, an increase in industry size is positively correlated with the extent of regulation. Additionally, for most …
Persistent link: https://www.econbiz.de/10013322488