Frederic L. Pryor
"Quantitative notes on the extent of governmental regulations in various OECD nations"
JEL codes: L50, L51, P52
Keywords: government regulation, regulation impacts, regulation determinants, public ownership
Abstract: This essay attempts a quantitative evaluation of the extent of governmental regulation of industry in 21 OECD nations, using several business surveys as a data base. Employing this experimental measure, the essay asks three questions: Is government ownership complementary or a substitute to regulation? What are the determinants of the extent of government regulation? And what is the relationship between governmental effectiveness and the extent of governmental regulation.