Dawson, John W.; Seater, John J. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2010
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 …