Day: December 28, 2010
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Impact of Regulation on Small Businesses
Regulation has become a growing issue in America, especially for small businesses. If we look back to the time of our founding fathers, we see that this is not at all how they intended America to be. In fact, we separated from Britain for similar reasons – unreasonable taxes and regulations on items and businesses.…
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Effect of Import Liberalization on Industrial Productivity
There are reasons to expect a favorable effect of import liberalization on industrial productivity. This is expected to occur through several channels: (a) Import liberalization will provide to industrial firms greater and cheaper access to imported capital goods and intermediate goods (embodying advanced technology), which will enable the firms improve their productivity performance; (b) Greater…