=+28. OECD economic regulations. A study by the U.S. Small Business Administration used historical data to model the GDP per capita of 24 of the countries in the Organization for Economic Cooperation and Development (OECD)

(Crain, M. W., The Impact of Regulatory Costs on Small Firms, available at www.sba.gov/advocacy/7540/49291). One analysis estimated the effect on GDP of economic regulations, using an index of the degree of OECD economic regulation and other variables. They found the following regression model.