ABSTRACT
This study aims to discuss and analyse the influence of bureaucrats, regulations, and e-government on the efficiency of economic regulations. Specifically, it focuses on economic regulations related to import and export and considers the waiting time of policy services to measure efficiency. All indices use panel data from at least 110 countries with an average of 10 years. The data were analysed using the panel fixed effects model. The findings of the analysis are that high-quality bureaucrats, regulations, and e-government reduce the time for processing import and export. This result suggests that bureaucrats, regulations, and e-government exert a positive impact on the market economy. The reason this result is important is that the government’s role has been subject to criticism for being biased towards negative aspects. The fact that the government plays an essential role in the field of economic regulation and improving the quality of bureaucrats, regulations, and e-government also plays a positive role in the market system also proves the basic premise of public administration as a supplementary mechanism for market failure.
Acknowledgments
This paper is written by revising and developing part of the author’s doctoral dissertation. I am sincerely grateful to the paper reviewers for their in-depth comments.
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No potential conflict of interest was reported by the author(s).
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Jisu Jeong
Jisu Jeong is an Associate Professor at Korean National Police University. He is previously a senior research fellow at Korea Institute for Defense Analysis (KIDA). His research interests are organization management, HRM, defence and police policy, regulation, and performance evaluation. He is the editor of Korean Journal of Public Administration, The Korean Association for Comparative Government, Regional Information Administration and Journal of Police Studies. He is a co-researcher of Seoul National University and member of Government Evaluation Committee.