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Regulation and Macroeconomic Performance

  • Book
  • © 1996

Overview

Editors:
  1. Brian Goff

    1. Department of Economics, Western Kentucky University, USA

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Part of the book series: Topics in Regulatory Economics and Policy (TREP, volume 21)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xv
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  2. Government Regulation and Economics

    • Brian Goff
    Pages 1-8

  3. Understanding Regulation’s Macro Effects

    • Brian Goff
    Pages 9-22

  4. A Tour of the Regulatory Sprawl

    • Brian Goff
    Pages 23-41

  5. Regulation Versus Other Government Policies

    • Brian Goff
    Pages 43-57

  6. Past Studies of Regulation’s Macro Effects

    • Brian Goff
    Pages 59-84

  7. An Index of Regulation

    • Brian Goff
    Pages 85-103

  8. The Regulatory Index and Macro Performance

    • Brian Goff
    Pages 105-117

  9. Why Regulation?

    • Brian Goff
    Pages 119-139

  10. Back Matter

    Pages 141-145
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Keywords

About this book

This project grew out of a recognition that I could fmd no aggregate measure of the amount of regulation beyond crude proxies such as the number of pages in the Federal Register. As I began to address this specific issue. I became much more aware of two things -- the enormity of regulation in the u.s. economy and the relative absence of economic research into the macroeconomic consequences of those regulations. While I would have readily granted the idea that many economist'> knew more about regulation than I did, I would have thought my knowledge of regulation to be at least up to the average economist's. My graduate training in the early to mid 1980s included special attention to the field of "public choice" and related topics, all of which occasionally explored regulatory topics. Moreover. I had at least a passing knowledge of the debates concerning deregulation in the late 1970s and early 1980s. Because of this, my own ignorance of regulation's actual expanse and its aggregate consequences startled me and heightened my interest in expanding empirical research into regulation as a macroeconomic influence. The more I thought about graduate macroeconomics classes and texts, the more that I realized the exclusion of regulation as a macroeconomic topic in spite of its massive scale and far-reaching tentacles.

Editors and Affiliations

  • Department of Economics, Western Kentucky University, USA

    Brian Goff

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