Regulatory Rigidity: Causes, Consequences and Implications for Public Policy in Developing Countries

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Regulatory Rigidity: Causes, Consequences and Implications for Public Policy in Developing Countries

Author Info

Bradburd, R.

Abstract

I will try to address three questions in this paper: Why is regulatory rigidity so Common and persistent given that it is seemingly disfunctional? What are its costs? What does the existence of regulatory rigidity imply for developing countries who are now trying to foster private entreprise and simultaneously grapping with the problem of how to regulate it?

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Paper provided by Department of Economics, Williams College in its series Center for Development Economics with number 152.

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Length: 34 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:wil:wilcde:152

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Find related papers by JEL classification:
K20 - Law and Economics - - Regulation and Business Law - - - General
L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Boundaries of Public and Private Enterprise; Privatization; Contracting Out
L39 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Other
L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation

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