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 … significant effects on aggregate output and the factors that produce it – total factor productivity (TFP), physical capital, and …

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 …

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 … significant effects on aggregate output and the factors that produce it–total factor productivity (TFP), physical capital, and …

implemented during the 1990s are now paying off in terms of productivity and GDP growth. Empirical evidence suggests that … deregulation has delivered a considerable “productivity dividend”. Although significant progress therefore has been made, renewed … formation and labour utilisation, as well as on providing better value for money in the public sector by raising its efficiency …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and …Data envelopment analysis (DEA) and stochastic frontier analysis (SFA), as well as combinations thereof, are widely … applied by regulators. Our results demonstrate that combination approaches, such as taking the maximum or the mean over DEA …

- total factor productivity, physical capital, and labor. In particular, regulation reduces the annual trend rate of growth in …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 …