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A Primer on Regulatory Budgets

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  • Nick Malyshev

Abstract

A new and novel approach to controlling regulatory costs is the concept of the regulatory budget. This concept would require that governments account for regulatory expenditures in a similar way to fiscal expenditures. This article argues that there are analogies between fiscal and regulatory budgets as they both divert resources from the private sector, albeit by different policy instruments. Given that budgeting is universally used to manage fiscal resources, the article outlines the pros and cons of developing regulatory budgets to manage regulatory resources. JEL classification: H300, H610.

Suggested Citation

  • Nick Malyshev, 2010. "A Primer on Regulatory Budgets," OECD Journal on Budgeting, OECD Publishing, vol. 10(3), pages 1-10.
    • Handle: RePEc:oec:govkaa:5km4s38ftvwk
    DOI: 10.1787/budget-10-5km4s38ftvwk
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    Cited by:

    1. Jones, Sandra C., 2011. "“You wouldn’t know it had alcohol in it until you read the can”: Adolescents and alcohol-energy drinks," Australasian marketing journal, Elsevier, vol. 19(3), pages 189-195.
    2. Oh, Tick Hui & Chua, Shing Chyi, 2010. "Energy efficiency and carbon trading potential in Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 2095-2103, September.
    3. Meijerink, Gerdien & Bulte, Erwin & Alemu, Dawit, 2014. "Formal institutions and social capital in value chains: The case of the Ethiopian Commodity Exchange," Food Policy, Elsevier, vol. 49(P1), pages 1-12.

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