One of the big takeaways from this paper is how difficult it is to measure costs and benefits of regulation in a systematic way. Costs And Benefits Building flexibility into new policymaking that allows for more experimentation and measurement is helpful he notes as is avoiding a one size fits all approach. The costs of regulation are more direct and easier to comprehend than the benefits which are mostly indirect.
So there will always be upfront concerns about regulation which leads back to the importance of building in opportunities to measure the costs and benefits. A skeptic of regulation would say that would have fixed itself he Chinese Overseas America Number Data continues. But what was the cost of fraud to the overall economy We intuitively feel it was large but we have not made progress in measuring it. That is a future question for research. Despite the difficulty of assessing the effects of regulation Srinivasan stresses the importance of continuing to look for ways to do so citing the possibility of experiments such as random implementation or a voluntary opt in opt out approach that would enable researchers to make causal inferences. It s important for everyone who has a stake in.
US economy to realize how these laws are being made and to assess whether they are working or not he says. We have to be very thoughtful and allow for experimentation and performance measurement. We can t have a knee jerk reaction and leave it only to political entrepreneurs to create the law. Return Migration and Geography of Innovation in MNEs A Natural Experiment of On the Job Learning of Knowledge Production by Local Workers Reporting to Return Migrants by Prithwiraj Choudhury Since the mid s a large number of multinational enterprises MNEs have set up research and development centers in China India and other emerging markets.
發表於 2024-3-13 11:50:08
