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| MacLeod, Michael J.; Moran, Dominic; Harrington, Winston; Lago, Manuel; Morgenstern, Richard D.. |
| UK Government departments are required to undertake a Regulatory Impact Assessment (RIA) when introducing any policy change that places a burden on businesses, charities, the voluntary sector or individuals. Part of this assessment involves the appraisal of the costs (and benefits) associated with complying with all the available options, as well as the wider economic costs. Recent evidence has suggested that the compliance costs, when assessed ex post, tend to be lower than the ex ante assessment made beforehand (see e.g. Harrington et al 1999). Accurate cost estimates are important as errors can lead to under or over regulation. This, in turn, can result in growth and innovation being hindered or, in the case of under regulation, growth being achieved at... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Public Economics. |
| Ano: 2001 |
URL: http://purl.umn.edu/45874 |
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