Supporters of free markets often have a general feeling that there is too much regulation or that it is too intrusive … susceptible to accusations of either exaggerating the impact of regulation or not caring about the environment, workers, children … a national level from its regulations. Regulation has been a tool of EU integration. The implications of this driver …

George Stigler’s “The Theory of Economic Regulation” (1971) is a landmark in the economics of regulation. It used … simple public choice reasoning to set out the “capture theory” of regulation whereby “… as a rule, regulation is acquired by … central argument is the need to distinguish “acquired” from “designed and operated.” The rule that regulation is produced in …

federal regulation on state-level mortality. We find that a 1 percent increase in binding federal regulations increases our … lives saved and lost due to a proposed regulation …

This paper examines the difficulties inherent in regulation as a solution to market failure and, especially, to natural … monopoly. It highlights the way regulation itself introduces new risks into the supply of natural monopoly services, including …

RIA is properly implemented for all potential sources of regulation, including parliamentary amendments to bills. But …

country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …

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 …

In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries … OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of … regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is …

Occupational licensing and non-competition agreements are two important types of labour market regulation in the United … States, both covering around one fifth of all workers. While some regulation is needed to protect safety and ensure quality … these barriers. The States are mainly responsible for labour market regulation and the variation across States is similar to …