How do laws and regulations affect competitiveness: The role for regulatory impact assessment

Paul Davidson, Céline Kauffmann and Marie-Gabrielle de Liedekerke
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Céline Kauffmann: OECD
Marie-Gabrielle de Liedekerke: OECD

No 15, OECD Regulatory Policy Working Papers from OECD Publishing

Abstract: The impacts of laws and regulations on competitiveness have strong implications for OECD economies, as they can lead to unforeseen negative externalities and considerable regulatory costs for businesses and citizens. Nevertheless, the use of regulatory policy to assess the impacts of regulations on competitiveness has seldom been examined. This paper fills this gap by reviewing OECD members’ regulatory impact assessment (RIA) frameworks and the extent to which the competitiveness effects are currently appraised. It categorises regulatory impacts on competitiveness into three strongly interrelated components – cost competitiveness, innovation, and international competitiveness – and builds upon the OECD’s expertise to examine how regulations affect each component of competitiveness in turn. In doing so, the paper proposes a more complete structure that regulators can use to define and assess the competitiveness impacts of regulation as part of their RIA processes framework.

Keywords: competitiveness; regulatory impact assessment; Regulatory policy (search for similar items in EconPapers)
JEL-codes: E61 F68 L51 (search for similar items in EconPapers)
Date: 2021-02-03
New Economics Papers: this item is included in nep-law, nep-mac and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:oec:govaah:15-en

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