We estimate the effects of federal regulation on value added to GDP for a panel of 22 industries in the United States …-form solutions of a multisector Schumpeterian model of endogenous growth. We allow regulation to enter the specification in a … annum since 1980. Had regulation been held constant at levels observed in 1980, our model predicts that the economy would …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and …Data envelopment analysis (DEA) and stochastic frontier analysis (SFA), as well as combinations thereof, are widely … applied by regulators. Our results demonstrate that combination approaches, such as taking the maximum or the mean over DEA …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and …Data envelopment analysis (DEA) and stochastic frontier analysis (SFA), as well as combinations thereof, are widely … applied by regulators. Our results demonstrate that combination approaches, such as taking the maximum or the mean over DEA …

- total factor productivity, physical capital, and labor. In particular, regulation reduces the annual trend rate of growth in …We introduce a new measure of the extent of federal regulation, the number of pages in the Code of Federal Regulations …, and use it to investigate the relationship between federal regulation and macroeconomic performance in the U.S. We find …

accumulation, and productivity growth although the impact on the latter is higher. The higher impacts of mobile cellular and the … rather productivity …

I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and sector-specific, nonlinear … hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … implemented in Germany in 2003-2005, is beneficial in the long-run as it raises growth of technology, labor productivity and real …