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Deregulation for Development: A Tale of Two States

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Author Info
Burton A. Abrams () (Department of Economics,University of Delaware)
James L. Butkiewicz () (Department of Economics,University of Delaware)

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Abstract

Economic stress led South Dakota and Delaware in the early 1980’s to eliminate their usury laws and enact other enabling legislation in an effort to attract a new industry and new jobs to their states. Sufficient time has now elapsed to assess the success of the policies adopted by these two states. Evidence suggests that both states benefited from their deregulatory actions but in different ways. These successful deregulations provide an important lesson for state-level authorities responsible for determining the regulatory environment.

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File URL: http://www.lerner.udel.edu/economics/WorkingPapers/2007/UDWP2007-11.pdf
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Publisher Info
Paper provided by University of Delaware, Department of Economics in its series Working Papers with number 07-11.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 22 pages
Date of creation: Jul 2007
Date of revision:
Handle: RePEc:dlw:wpaper:07-11.

Contact details of provider:
Postal: Purnell Hall, Newark, Delaware 19716
Fax: (302) 831-6968
Web page: http://www.lerner.udel.edu/departments/economics/
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Related research
Keywords: Regional Development; Deregulation; State Government Public Policy;

Find related papers by JEL classification:
R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes
H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects
O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General

References listed on IDEAS
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  1. Ausubel, Lawrence M, 1991. "The Failure of Competition in the Credit Card Market," American Economic Review, American Economic Association, vol. 81(1), pages 50-81, March.
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This page was last updated on 2009-11-27.

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