000 01909nab a2200265 c 4500
999 _c146782
_d146782
003 ES-MaIEF
005 20221122111203.0
007 ta
008 221122t2022 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _970208
_aTarko, Vlad
245 0 _aInternational regulatory diversity over 50 years
_bpolitical entrepreneurship within fiscal constraints
_c Vlad Tarko and Ryan Safner
500 _aResumen.
504 _aBibliografía.
520 _aOver the last 50 years, economic freedom in modern capitalist democracies has increased although the regulatory state has expanded considerably, resulting in the paradox of “freer markets, more rules” (Vogel, 1996). We provide a hierarchical cluster analysis of the policy trajectories of OECD countries over the last 50 years, as well as a theoretical framework that builds on Stigler’s (1971) theory of economic regulation. Our findings suggest that these developments are not the result of ideological narratives such as “neoliberalism,” but instead we confirm some claims from the “varieties of capitalism” and “regulatory capitalism” literatures using independent methods. Our approach is better able to explain the diversity of regulatory regimes across countries than existing approaches that focus on either national patterns or policy sectors, and we also provide a fuller account of government crowding-out and crowding-in effects across the entire structure of production.
650 4 _948552
_aTEORIA ECONOMICA
650 4 _942080
_aDERECHO ECONOMICO
650 4 _948496
_aSTIGLER, GEORGE JOSEPH
650 4 _aCAPITALISMO
_933520
650 4 _947828
_aNEOLIBERALISMO ECONOMICO
650 4 _aPOLITICA FISCAL
_948067
700 1 _970209
_aSafner, Ryan
773 0 _9168444
_oOP/1443/2022/193/1/2
_tPublic Choice
_w(IEF)124378
_x 0048-5829
_g v. 193, n. 1-2, October 2022, p. 79-108
942 _cART