Identifying the potential economic impact of different broad approaches to data regulation

Modelling the economic impacts of data regulation can help support the policy debate by presenting stakeholders with information on the potential and relative opportunity costs associated with different types of data-related measures. This information can help policy makers think about different regulations that can successfully meet public policy objectives, including privacy and data protection, in a way that imposes the least possible burden on, or trade-offs in terms of, economic activity.