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Crampes, Claude
and Estache, Antonio
(2025)
Efficiency vs. distributional concerns in regulatory sandboxes.
Journal of Economic Policy Reform.
pp. 1-26.
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Abstract
The paper makes the case for a systematic ex-ante assessment of the distributional impact of efficiency enhancing innovations regulatory sandboxes are expected to test. It shows how their prior formal modeling can inform on the possible need to control in the sandbox design for otherwise underestimated but predictable distributional effects. Failing to do so is likely to lead to underestimate efficiency-equity trade-offs and other distributional issues. This may influence the political sustainability of otherwise potentially welfare enhancing innovations. Simple industrial organization models will often suffice to identify the potential issues at the design stage
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | February 2025 |
| Refereed: | Yes |
| Place of Publication: | Abingdon |
| Uncontrolled Keywords: | Regulatory sandboxes, innovation, governance, anti-trust, regulation, efficiency, equity, quality standards. |
| JEL Classification: | K20 - General K21 - Antitrust Law K23 - Regulated Industries and Administrative Law L12 - Monopoly; Monopolization Strategies L13 - Oligopoly and Other Imperfect Markets L15 - Information and Product Quality; Standardization and Compatibility L51 - Economics of Regulation O31 - Innovation and Invention - Processes and Incentives O33 - Technological Change - Choices and Consequences; Diffusion Processes |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 18 Feb 2025 08:48 |
| Last Modified: | 18 Feb 2025 08:49 |
| OAI Identifier: | oai:tse-fr.eu:130349 |
| URI: | https://publications.ut-capitole.fr/id/eprint/50544 |
Available Versions of this Item
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Efficiency vs. equity concerns in regulatory sandboxes. (deposited 11 Sep 2023 14:29)
- Efficiency vs. distributional concerns in regulatory sandboxes. (deposited 18 Feb 2025 08:48) [Currently Displayed]
