Table 4.

. | (1) Tau . | (2) Tau . | (3) Tau . | (4) Tau . | (5) Tau . | (6) Tau . |
---|---|---|---|---|---|---|

Dougherty measure | −0.360 | −0.394 | ||||

(all reforms) | (0.169) | (0.199) | ||||

Dougherty measure | −0.480 | −0.623 | ||||

(inspector reforms) | (0.162) | (0.148) | ||||

Besley-Burgess | 0.223 | 0.235 | ||||

measure (regulations) | (0.178) | (0.177) | ||||

Constant | 0.131 | 2.900 | 0.209 | −2.952 | −0.00266 | 14.20 |

(0.181) | (5.514) | (0.140) | (5.401) | (0.280) | (7.402) | |

Observations | 21 | 21 | 21 | 21 | 16 | 16 |

Controls | No | Yes | No | Yes | No | Yes |

. | (1) Tau . | (2) Tau . | (3) Tau . | (4) Tau . | (5) Tau . | (6) Tau . |
---|---|---|---|---|---|---|

Dougherty measure | −0.360 | −0.394 | ||||

(all reforms) | (0.169) | (0.199) | ||||

Dougherty measure | −0.480 | −0.623 | ||||

(inspector reforms) | (0.162) | (0.148) | ||||

Besley-Burgess | 0.223 | 0.235 | ||||

measure (regulations) | (0.178) | (0.177) | ||||

Constant | 0.131 | 2.900 | 0.209 | −2.952 | −0.00266 | 14.20 |

(0.181) | (5.514) | (0.140) | (5.401) | (0.280) | (7.402) | |

Observations | 21 | 21 | 21 | 21 | 16 | 16 |

Controls | No | Yes | No | Yes | No | Yes |

This table tests for correlations between our estimated regulatory costs (tau) and other established measures of the regulatory environment from the previous literature. Controls include the log of net state domestic product per capita in 2005 and the share of privately owned establishments. Robust SEs are reported in parentheses. Observations are weighted by the inverse variance of tau and include all Indian states and union territories for which data are available.

Sources: Dougherty (2009), Besley and Burgess (2004), and RBI.

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