On Butterflies and Frankenstein: A Dynamic Theory of Regulation

There are major differences in regulation among various countries. A particular case is the difference between the EU and US in regulating biotechnology.We develop a firmal and dynamic model of government decision-making on regulation. We show that minor differences in consumer preferences can lead to important and persistent regulatory differences, and that temporary shocks to preferences can have long-lasting effects. This hysteresis in regulatory differences is shown to be caused by producer protectionist motives. We argue that this model may contribute to explain the difference between EU and US biotechnology regulation

European regional railways and real income, 1870–1910: a preliminary report

This article introduces our project on the relationship between railways and real income levels across European regions between 1870 and 1910. While similar relationships have been analysed for the USA, India and individual European countries, our project is the first to take a pan-European regional perspective. We discuss the reasons for the neglect to date, highlighting the need to drill deeper into the changing directional effects of railways on income, the importance or necessity of using regional-level data and the amount of research that still needs to be done. To this end, we present preliminary insights from our novel database on European regional per capita income and railway mileage, after discussing our data sources in depth. We also outline our research agenda, showing our intended conceptual and analytical approach for future work

The Tower of Labels: Labelling Goods in the US Grocery Store (1922–2018)

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