Regulation and economic performance: lessons from the states
Article Abstract:
The consequence of government actions should be fully understood. Quantification enables legislators to decide fairly using the information provided. Most aspects subjected to market regulation by the government have not been empirically tested since the insufficiency of data makes evaluation difficult. Interstate and intrastate branch banking, intrastate trucking deregulation, cost-effective strategies for pollution abatement, distortion-free labor markets, and control of mandated benefits and illegal termination protection can help improve the economy of a state.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Banking structures, market forces, and economic freedom: lessons from Argentina and Mexico
Article Abstract:
A study was conducted to examine the relationships between government guarantees, exchange-rate stability, bank performance and market discipline in Mexico and Argentina. Mexico's bank privatization program from 1991 to 1992 resulted in a bank crisis that, in turn, led to a monetary policy which created an exchange-rate crisis. In contrast, Argentina's restrictions against bank bailouts and its successful handling of the Tequila crisis became a model for other Latin American nations. Results indicate that market discipline leads to prudent bank performance.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
A survey of the impact of budget rules on state taxation, spending, and debt
Article Abstract:
The empirical evidence on the impact of budget rules on the size and growth of state government was reviewed. The effect of tax and expenditure limitations, line-item veto, balanced-budget laws on government tax and spending behavior were also identified. Results reveal that budget rules, control federal spending and provide important evidence on state government effectiveness. Moreover, such rules influence tax and spending behavior of politicians.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Local government structure and performance: lessons from America? A poisoned chalice? The reconstituted Local Government Commission
- Abstracts: Toward a new paradigm. International interventions and imperialism: lessons from the 1990s. Nationalism unbound: the horn of Africa revisited
- Abstracts: Economic sanctions and econometric policy evaluation; a cautionary note. Countervailing the effects of subsidies: an economic analysis
- Abstracts: A French nuclear umbrella for Europe? New economy arrives in Europe from the North. Nationalism has no home in Europe
- Abstracts: Present situation, problems, and prospect of China's public servant training. Training of civil servants in Turkey: progress, problems, and prospects