监管是美国创业衰退的罪魁祸首吗?

Nathan Goldschlag, A. Tabarrok
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引用次数: 68

摘要

越来越多的证据表明,美国的经济活力和创业活动正在下降。在过去的30年里,每年新创业的数量和工作重新分配的速度都显著下降。我们要问,这种活力的下降是否可以用联邦法规来解释。我们将动态测量与RegData结合起来,RegData是一个利用联邦法规代码文本的新数据集,用于创建行业监管总量的年度测量。我们发现,不断上升的联邦监管不能解释经济活力的长期趋势。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Is Regulation to Blame for the Decline in American Entrepreneurship?
Mounting evidence suggests that economic dynamism and entrepreneurial activity are declining in the United States. Over the past 30 years, the annual number of new business startups and the pace of job reallocation have declined significantly. We ask whether this decline in dynamism can be explained by federal regulation. We combine measures of dynamism with RegData, a novel dataset leveraging the text of the Code of Federal Regulations to create annual measures of the total quantity of regulation by industry. We find that rising federal regulation cannot explain secular trends in economic dynamism.
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