Regulatory impact refers to the effects that government regulations and policies have on various stakeholders, including businesses, consumers, and the economy as a whole. This research area involves studying the impact of regulations on different aspects of society, such as economic growth, innovation, consumer protection, and environmental protection. Researchers in this field analyze how regulations affect businesses' costs, compliance, and competitiveness, as well as how they influence consumer behavior and market dynamics. The goal of regulatory impact research is to inform policymakers about the potential consequences of implementing new regulations and to help them make more informed decisions that balance regulatory objectives with the need for economic efficiency and social welfare.