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 …

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 …

This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a … external sources of funding tend to grow faster in countries that have more competition-friendly regulation in markets for … on regulations in banking and securities markets. They point to substantial variations in the stance of regulation across …

and the application of incentive regulation. …

We study the effects of anti-competitive service regulation by examining whether OECD countries with less anti …-competitive regulation see a better economic performance of manufacturing industries using less-regulated services more intensively. Our … results indicate that lower service regulation translates into faster value added, productivity, and export growth of …

This paper studies the effects of regulation on economic growth and the relative size of the informal sector in a large … regulation affects macroeconomic performance and economic growth in particular. The paper concludes that a heavier regulatory …