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

Author

Listed:
  • 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?

Suggested Citation

  • Bradburd, R., 1996. "Regulatory Rigidity: Causes, Consequences and Implications for Public Policy in Developing Countries," Center for Development Economics 152, Department of Economics, Williams College.
    • Handle: RePEc:wil:wilcde:152
    as

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    More about this item

    Keywords

    REGULATION; ECONOMIC REFORM; DEVELOPING COUNTRIES; PRIVATIZATION;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; 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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