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Kaufmann, Daniel; Kraay, Aart - 2004

It is well known that there is a strong positive correlation between per capita incomes and the quality of governance across countries. Kaufmann and Kraay propose an empirical strategy that allows separation of this correlation into (1) a strong positive causal effect running from better...

Persistent link: https://www.econbiz.de/10014114375

Regulation and Economic Growth : Applying Economic Theory to Public Policy

Broughel, James - 2017

Government regulation is a double-edged sword. By restricting the inputs—capital, labor, technology, and more—that can … be used in the production process, regulation shapes the economy and, by extension, living standards today and in the … future. Applied effectively, regulation can foster a thriving, competitive marketplace where innovation and technological …

Persistent link: https://www.econbiz.de/10012956107

The Mighty Waves of Regulatory Reform : Regulatory Budgets and the Future of Cost-Benefit Analysis

Broughel, James - 2020

In the past 70 or 80 years, there have been three “waves” of reforms to the process of creating and managing U.S. federal and state regulations. The first wave began in 1946 with the passage of the federal Administrative Procedure Act, after which states went on to pass and formalize their...

Persistent link: https://www.econbiz.de/10012848606