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@article{ART002156365},
author={CHOI, Jin-Wook and Jina Bak},
title={Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2016},
volume={25},
pages={3-25}

TY - JOUR
AU - CHOI, Jin-Wook
AU - Jina Bak
TI - Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries
JO - Journal of Regulation Studies
PY - 2016
VL - 25
IS - null
PB - 한국규제학회
SP - 3
EP - 25
SN - 1738-7132
AB - Reacting to the economic recession, governments are rethinking the role of regulatory reform as a vital strategy to stimulate the economy and create jobs. While many studies have explored the impacts of regulatory reform on economic growth and employment, it is still controversial as to what extent regulatory reform can play a role to regain economic vitality under the circumstances of economic uncertainty. Utilizing the panel data of OECD countries from 2000 to 2013, this paper analyzes whether changes in the level of regulation have led to economic growth and employment. Results of empirical tests demonstrate that deregulation-oriented regulatory reform has positive impacts on GDP growth and employment in OECD countries. Based on the findings, this paper concludes that reforming regulatory policies in a way to expand more freedom and autonomy in the market by relieving regulatory burden can be a key pro-growth and pro-employment strategy to cope with economic slowdown.
KW - Regulatory reform;Deregulation;Economic growth;Employment;Panel analysis of OECD countries
DO -
UR -
ER -

CHOI, Jin-Wook and Jina Bak. (2016). Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries. Journal of Regulation Studies, 25, 3-25.

CHOI, Jin-Wook and Jina Bak. 2016, "Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries", Journal of Regulation Studies, vol.25, pp.3-25.

CHOI, Jin-Wook, Jina Bak "Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries" Journal of Regulation Studies 25 pp.3-25 (2016) : 3.

CHOI, Jin-Wook, Jina Bak. Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries. 2016; 25 3-25.

CHOI, Jin-Wook and Jina Bak. "Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries" Journal of Regulation Studies 25(2016) : 3-25.

CHOI, Jin-Wook; Jina Bak. Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries. Journal of Regulation Studies, 25, 3-25.

CHOI, Jin-Wook; Jina Bak. Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries. Journal of Regulation Studies. 2016; 25 3-25.

CHOI, Jin-Wook, Jina Bak. Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries. 2016; 25 3-25.

CHOI, Jin-Wook and Jina Bak. "Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries" Journal of Regulation Studies 25(2016) : 3-25.