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Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries
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OECD 국가 패널분석을 통한 규제개혁의 경제성장 및 고용창출 효과 분석

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Type
Academic journal
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Journal
한국규제학회 규제연구 Vol.25 Special Issue KCI Accredited Journals
Published
2016.8
Pages
3 - 25 (23page)

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Impacts of Regulatory Reform on Economic Growth and Employment in OECD Countries
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Reacting to the economic recession, governments are rethinking the role of regulatory reform as a vital strategy to stimulate the economy and create jobs. While many studies have explored the impacts of regulatory reform on economic growth and employment, it is still controversial as to what extent regulatory reform can play a role to regain economic vitality under the circumstances of economic uncertainty. Utilizing the panel data of OECD countries from 2000 to 2013, this paper analyzes whether changes in the level of regulation have led to economic growth and employment. Results of empirical tests demonstrate that deregulation-oriented regulatory reform has positive impacts on GDP growth and employment in OECD countries. Based on the findings, this paper concludes that reforming regulatory policies in a way to expand more freedom and autonomy in the market by relieving regulatory burden can be a key pro-growth and pro-employment strategy to cope with economic slowdown.
#규제개혁 #Regulatory reform #고용창출 #Deregulation #규제완화 #Employment #OECD 국가 패널분석 #경제성장 #Economic growth #Panel analysis of OECD countries

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References (36)

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[학술지(정기간행물)] - 김종호 / 2008 / 진입규제, 투자 그리고 경제성장 / 규제연구 17 (2) : 27 ~ 46 dbpia [학술지(정기간행물)] - 류기락 / 2012 / 노동시장제도와 청년 고용: OECD 주요 국가 노동시장의 제도적 상보성, 1985~2010 / 경제와 사회 (96) : 252 ~ 287 dbpia [단행본] - 민인식 / 2012 / STATA 패널데이터 분석 / 한국STATA학회 google schola [보고서] - 윤윤규 / 2012 / 고용창출 메커니즘에 관한 연구 google schola [학술지(정기간행물)] - 이병기 / 2008 / 경제자유, 규제와 경제성장 / 규제연구 17 (2) : 3 ~ 25 dbpia

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