2006Journal of Hubei University of EconomicsRequires access

On Some Issues Related to the Economic Regulation

Jingjing Hu

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Abstract

In order to remedy market failure,improve economic efficiency and enhance social welfare,it is essential for the government to carry out economic regulation.The governmental economic regulation is confronted with many issues including the issue related to cost shifting of regulation by regulated agents,the issue related to the cost control of regulation by regulators,the issue related to cost sharing by the third party,the issue related to economic regulation and the value of freedom,the issue related to the relationship between economic regulation and the benefits of vulnerable interest groups,the issue related to the representative of public benefits and regulation,the issue related to the positive external effects on affirming or opposing economic regulation and regulation's absence,offside,surfeit and insufficiency,the issue related to the nonfeasance of regulators and the infinite extending trends of the power of regulation,etc.Paying attention to these problems and solving them will be helpful to enhance the efficiency of the governmental economic regulation.

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What this paper is about

In order to remedy market failure,improve economic efficiency and enhance social welfare,it is essential for the government to carry out economic regulation.The governmental economic regulation is confronted with many issues including the issue related to cost shifting of regulation by regulated agents,the issue related to the cost control of regulation by regulators,the issue related to cost sharing by the third party,the issue related to economic regulation and the value of freedom,the issue related to the relationship between economic regulation and the benefits of vulnerable interest groups,the issue related to the representative of public benefits and regulation,the issue related to the positive external effects on affirming or opposing economic regulation and regulation's absence,offside,surfeit and insufficiency,the issue related to the nonfeasance of regulators and the infinite extending trends of the power of regulation,etc.Paying attention to these problems and solving them will be helpful to enhance the efficiency of the governmental economic regulation.

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Available abstract

In order to remedy market failure,improve economic efficiency and enhance social welfare,it is essential for the government to carry out economic regulation.The governmental economic regulation is confronted with many issues including the issue related to cost shifting of regulation by regulated agents,the issue related to the cost control of regulation by regulators,the issue related to cost sharing by the third party,the issue related to economic regulation and the value of freedom,the issue related to the relationship between economic regulation and the benefits of vulnerable interest groups,the issue related to the representative of public benefits and regulation,the issue related to the positive external effects on affirming or opposing economic regulation and regulation's absence,offside,surfeit and insufficiency,the issue related to the nonfeasance of regulators and the infinite extending trends of the power of regulation,etc.Paying attention to these problems and solving them will be helpful to enhance the efficiency of the governmental economic regulation.

Key concepts: Government regulation, Government (linguistics), Public economics, Order (exchange), Economics, Control (management), Economic efficiency, Market failure

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