Article
Larger polities are more regulated
Journal of Public Finance and Public Choice
(2021)
Abstract
Using a variety of novel data sources from the RegData project, we show that population levels and the amount of regulation are highly correlated across countries and time, and that more-populated US states, Australian states and Canadian provinces tend to be more heavily regulated than less-populated states and provinces. A doubling of population size is associated with a 22 to 33 per cent increase in regulation. This provides support for the theory that the fixed costs associated with regulating partly determine where and when regulations occur.
Disciplines
Publication Date
April 19, 2021
DOI
https://doi.org/10.1332/251569121X16153644407322
Citation Information
James Bailey, James Broughel and Patrick A McLaughlin. "Larger polities are more regulated" Journal of Public Finance and Public Choice Vol. 36 Iss. 1 (2021) ISSN: 2515-6918 Available at: http://works.bepress.com/james-b-bailey/25/