Paper/Speech Details of Conference Program for the 14th NISPAcee Annual Conference Program Overview III. Working Group on Strategic Leadership in Central Gov... Author(s) Primoz Pevcin University of Ljubljana Ljubljana Slovenia Title Why differences in the extent of regulation across countries exist? File Paper files are available only for conference participants, please login first. Presenter Abstract Governments usually use regulations to align better public and private interests in markets. Regulation is a type of government activity that is not directly perceivable in the amount of government spending; yet it necessarily imposes burdens on those who are regulated. The available and internationally comparable empirical evidence shows that large cross-country differences exist in the overall macro extent of regulation (including economic, social and also administrative regulation), although there is no generally excepted economic theory about the determinants of government regulation, since analyses are usually in essence more expeditious and inductive. In this context, the purpose of the analysis presented in the paper is to identify and explain various economic, social, political and cultural factors that could potentially shape differences in the extent of the regulation between countries and empirically verify the effect of those factors in the sample of 114 countries by using tools of econometric analysis.