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We present a model of efficient regulation along the lines of Demsetz (1967). In this model, setting up and running regulatory institutions takes a fixed cost, and therefore jurisdictions with larger populations affected by a given regulation are more likely to have them. Consistent with the...
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This book evaluates the evidence on the impacts of population growth on well-being in developing countries and concludes that slowing population growth from high current levels, especially in poor, agrarian societies facing pressure on land and resources, is advantageous to economic development,...
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