Regulatory Expenditures, Economic Growth and Jobs: An Empirical Study

On Wednesday April 13, 2011 the Phoenix Center held a Capitol Hill Workshop to present its new paper entitled Regulatory Expenditures, Economic Growth and Jobs: An Empirical Study.

In this paper, the Phoenix Center uses fifty years of data and modern econometric methods to provide an estimate of the relationship between government spending on regulatory activity and economic growth and job recovery, and the Center's findings are significant.

The event began with a Keynote Address from Congressman Jim Jordan (OH-4th). Congressman Jordan currently serves as both Chairman, Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending - Committee on Oversight and Government Reform, as well as the Chairman of the Republican Study Committee.

Following Chairman Jordan's Remarks, Phoenix Center Chief Economist Dr. George Ford presented our research. A copy of Dr. Ford's presentation may be downloaded here: [pdf]

The event concluded with a panel of leading experts in the field, including:

• Tom Sullivan, Nelson Mullins Riley & Scarborough and former Chief Counsel for Advocacy at the Small Business Administration
• Phil Kerpen, Policy Director - Americans for Prosperity
• Dr. Jerry Ellig, Senior Research Fellow - Mercatus Center
• Hon. David M. McIntosh, Mayer Brown
• Grover Norquist, President - Americans for Tax Reform

A video of the event may be found below. In addition,

A full copy of the paper may be downloaded here: [pdf]

A copy of the "one pager" executive summary may be downloaded here: [pdf]

A copy of the press release may be downloaded here: [pdf]

And a copy of some illustrative slides may be downloaded here: [pdf]

PHOENIX CENTER POLICY PERSPECTIVE No. 12-01:
George S. Ford, Regulatory Expenditures, Economic Growth and Jobs: A Reply to Comments (April 24, 2012).
[pdf]

George Washington University Regulatory Studies Center March 2012 Working Paper commenting upon PHOENIX CENTER POLICY BULLETIN No 28: Regulatory Expenditures, Economic Growth and Jobs: An Empirical Study
[url]

George Washington University Regulatory Studies Center December 2011 Commentary on PHOENIX CENTER POLICY BULLETIN No 28: Regulatory Expenditures, Economic Growth and Jobs: An Empirical Study
[url] 

PHOENIX CENTER POLICY PERSPECTIVE No. 17-01:
George S. Ford, Hyeongwoo Kim and Lawrence J. Spiwak, What is the “Cost per Regulator” on GDP and Private Sector Job Creation? An Update on Prior Research (February 22, 2017).
[pdf] [press release]

Regulatory Expenditures, Economic Growth and Jobs: An Empirical Study