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This investigation uses a unique data base that combines government effectiveness and regulatory quality indices from the World Development Indicators, to represent deregulation towards more market-driven incentives in renewable energy dissemination and production, and how such efforts are...
Persistent link: https://www.econbiz.de/10012962470
. The policies are, as follows: higher quality government regulation of businesses and higher levels of economic freedom ….Design/methodology/approach– The paper first provides a basic model focussing upon the regulation and economic freedom variables. The study then adds a … indicate that for OECD nations, higher quality public regulation promotes entrepreneurial spirit and performance. Higher …
Persistent link: https://www.econbiz.de/10012991763
This paper examines the impact of start-up regulations and institutional quality on the level of new business activity in a panel of 119 countries between 2001 and 2012. We find robust evidence that new business creation is significantly lower in countries with excessive barriers to entry, a...
Persistent link: https://www.econbiz.de/10012932206
Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex … its justification and objectives, regulation can have potentially significant macroeconomic consequences, by helping or … an empirical analysis of the macroeconomic impact of regulation. It first characterizes the stylized facts on regulation …
Persistent link: https://www.econbiz.de/10012553937
The authors study 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 authors conclude that a heavier regulatory …
Persistent link: https://www.econbiz.de/10012554075
The effectiveness of macro-prudential policies to mitigate credit cycles and reduce capital flow volatility is at the center of policy debates. In this chapter, we investigate the factors which influence the performance of macro-prudential tools by focusing on institutions, financial structure,...
Persistent link: https://www.econbiz.de/10012792701
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Persistent link: https://www.econbiz.de/10012166104
Regulatory Impact Assessment (RIA) is a critical tool in the hands of governments to ensure that regulation achieves …
Persistent link: https://www.econbiz.de/10011732382
Persistent link: https://www.econbiz.de/10014567165