Subjective and Objective Measures of the Extent of Governmental Regulations

25 Pages Posted: 2 Oct 2001  

Giuseppe Nicoletti

Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO)

Frederic L. Pryor

Swarthmore College

Date Written: September 26, 2001

Abstract

In recent years three different quantitative studies measuring the extent of regulation in OECD nations have appeared. One analysis is based on an extensive review and quantification of laws and regulations; the other two are based on opinion data of those familiar with these regulations. Despite their very different methodologies and coverage of particular types of governmental regulation, the results of the three studies are significantly correlated, even though they differ in detail. The advantages and disadvantages of each of the three approaches are discussed.

Keywords: government regulation, quantitative methods

JEL Classification: L50, P11, P14, P52

Suggested Citation

Nicoletti, Giuseppe and Pryor, Frederic L., Subjective and Objective Measures of the Extent of Governmental Regulations (September 26, 2001). Available at SSRN: https://ssrn.com/abstract=285494 or http://dx.doi.org/10.2139/ssrn.285494

Giuseppe Nicoletti

Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO) ( email )

2 rue Andre Pascal
Paris Cedex 16, MO 63108
France
+33 1 4524 8730 (Phone)
+33 1 4524 1347 (Fax)

Frederic L. Pryor (Contact Author)

Swarthmore College ( email )

500 College Ave
Swarthmore, PA 19081
United States

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