Strategic Release of News at the EPA
AbstractUsing advances in text analysis, we examine the content and timing of 21,493 press releases issued by the U.S. Environmental Protection Agency (EPA) between 1994 and 2009. Press releases announcing enforcement actions or regulatory changes were issued more often on Fridays and before holidays, a time when news has the least impact on media coverage and financial markets. Changing the timing of press releases may increase deterrence through awareness of regulation and market reaction to environmental news. We find no evidence of regulatory capture. We compare text analysis techniques that allow data collection from sources previously too expensive to access.
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Bibliographic InfoPaper provided by Resources For the Future in its series Discussion Papers with number dp-11-45.
Date of creation: 26 Oct 2011
Date of revision:
text analysis; computational linguistics; regulation; environment; politics; Environmental Protection Agency;
Find related papers by JEL classification:
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-01-03 (All new papers)
- NEP-ENV-2012-01-03 (Environmental Economics)
- NEP-REG-2012-01-03 (Regulation)
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