Document Server@UHasselt >
Research publications >
Please use this identifier to cite or link to this item:
|Title: ||Does reducing administrative burdens lead to economic development?: An empirical analysis for the EU.|
|Authors: ||Poel, Kevin|
VAN AARLE, Bas
|Issue Date: ||2014|
|Citation: ||Annual Conference of the European Association of Law and Economics, Aix-en-Provence, France, 18/9/2014 - 20/9/2014|
|Abstract: ||Administrative burdens stemming from regulations are a worldwide cause of concern for policy-makers. Reducing administrative burdens has become an important policy objective in economic growth strategies for many governments. The European Commission set out a policy goal of reducing administrative burdens by 25% by 2012, although the literature provides limited evidence of its impact. Therefore, this paper examines the impact of administrative burdens on growth by using 6 business regulation variables for a panel of 182 countries. The results from the fixed effect regression analysis suggest that reducing administrative burdens in certain policy areas spurs economic growth. In particular, reducing burdens concerning start-ups and paying taxes enhances growth significantly. Furthermore, using a panel of 26 European countries, our results suggest that reducing the administrative burdens by 25% has a positive effect on growth of 1.62% in the European Union.|
|Type: ||Conference Material|
|Appears in Collections: ||Research publications|
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.