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Measuring the Costs and Benefits of Regulation

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  • Matilde Bombardini
  • Francesco Trebbi
  • Miao Ben Zhang

Abstract

This article discusses recent methodological innovations in the area of cost and benefit assessment of government regulation, in both a prospective and retrospective sense. Much of the extant progress is presented on the front of private costs of compliance. Private benefits, social costs, and social benefits remain much less systematically organized and more arduous to quantitatively assess, mostly due to the difficulty of standardizing partial and general equilibrium counterfactuals. We offer a discussion of potential future methodological improvements in cost-benefit analysis.

Suggested Citation

  • Matilde Bombardini & Francesco Trebbi & Miao Ben Zhang, 2024. "Measuring the Costs and Benefits of Regulation," NBER Working Papers 32955, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:32955
    Note: IO LE POL
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    More about this item

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • K2 - Law and Economics - - Regulation and Business Law
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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