Regulation, Innovation and Productivity

Francisco Marcos Fernandez and Juan Santaló ()
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Juan Santaló: Instituto de Empresa
Authors registered in the RePEc Author Service: Juan Santalo

Working Papers Economia from Instituto de Empresa, Area of Economic Environment

Abstract: This paper estimates the average effect of regulatory intensity and administrative redtape on productivity and innovation. For this purpose we exploit the exogenous variation of the decentralization process that has taken place in Spain during the last three decades. Using objective proxies for legislative and regulatory activity such as the number of pages and number of new norms published in the regional legislative reporters we find a strong negative impact of regulatory intensity on regional innovation and productivity.

Pages: 54 pages
Date: 2010-07
New Economics Papers: this item is included in nep-eff, nep-ino and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:emp:wpaper:wp10-04

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