This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …

empirical analysis exploits variation in licensing regulation across states and industries and constructs indicators for both … the share of employment subject to licensing (the extensive margin) and the strictness of regulation (the intensive margin … with more extensive and stricter licensing regulation. The results from the analysis of earnings are generally mixed and …