TITLE

Cost-Benefit Analysis: Regulatory Reform or Favoring the Regulated?

AUTHOR(S)
Hemphill, Thomas A.
PUB. DATE
January 2007
SOURCE
Business Economics;Jan2007, Vol. 42 Issue 1, p61
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the effect of the Costs and Benefits of Federal Regulations on the U.S. economy cited in a report of the Office of Management and Budget's Office of Information and Regulatory Affairs. 190 regulations reviewed by OMB have added $117 billion to the country's economy. Net benefits have exceeded the costs of implementing regulations by over 300% since 1992. It notes that cost-benefit analysis (CBA) is a policy of weighing the costs of a regulation against business benefits.
ACCESSION #
24551578

 

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