Worldwide Governance Indicators

As you would imagine, there is a lot of academic research on the impact of regulation on economic growth.

A 2022 paper by David Riker analysed how a nation's regulatory quality, as measured by the World Bank's World Governance Indicators, affected its GDP along with its trade with the United States.

He analysed 20 different countries, the highest regulatory quality was found in Singapore followed by Australia and New Zealand, and the lowest regulatory quality was Argentina followed by Egypt.

There was a strong relationship between regulatory quality and productivity and the level of trade with the United States.