Tuesday, April 26, 2016

THE IMPACT OF FEDERAL REGULATIONS ON YOUR STATE

INTRODUCING THE FRASE INDEX:
The Mercatus Center

American Admiralty Books Safety & Privacy Policies   EU VISITORS WARNING POSSIBLE COOKIES AHEAD

 We recently came across the Frase Index. This unique tool developed by the Mercatus Center of George Mason University can help you determine how much federal regulations negatively impact the economy of your state. While the Code of Federal Regulations, laws made by Federal agencies without going through the legislative process, are imposed nationally, their effects vary by state since the economy of each state is different. The section quoted below pretty much explains the index and how it works. At a site maintained by REGDATA you will find a map, click on your state, then read and weep. Use any of the links on this page to reach the REGDATA working map and site.

"By weighting industry restrictions using the importance of an industry to a particular state relative to the industry’s importance to the country overall, we can produce a single index that measures the impact of federal regulation on that state. The federal regulation and state enterprise (FRASE) index is thus a ratio of the impact of federal regulations on a specific state’s industries to the impact of federal regulations on the nation’s industries in a given year. A value of 1 would indicate that a state’s private sector is affected by federal regulations to precisely the same degree as is the national private sector, whereas a score higher than 1 would indicate a higher impact of federal regulation on a state’s private sector."

 http://snip.ly/yzys7#http://regdata.org/50states/

No comments:

Post a Comment