IDEAS home Printed from https://ideas.repec.org/p/amu/wpaper/0206.html
   My bibliography  Save this paper

Anticipated versus Realized Benefits: Can Event Studies be Used to Predict the Impact of New Regulations?

Author

Listed:
  • Kara M. Reynolds

    () (Department of Economics, American University)

Abstract

Economists often use event study methodology to evaluate the impact of new regulations on firms. This research investigates the degree to which event study methodology can provide useful information in this regard by studying how accurately markets predict the actual benefits associated with a new law.

Suggested Citation

  • Kara M. Reynolds, 2006. "Anticipated versus Realized Benefits: Can Event Studies be Used to Predict the Impact of New Regulations?," Working Papers 2006-02, American University, Department of Economics.
  • Handle: RePEc:amu:wpaper:0206
    as

    Download full text from publisher

    File URL: http://w.american.edu/cas/economics/repec/amu/workingpapers/2006-02.pdf
    File Function: First version, 2006
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Hartigan, James C & Kamma, Sreenivas & Perry, Philip R, 1989. "The Injury Determination Category and the Value of Relief from Dumping," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 183-186, February.
    2. Aileen J. Thompson, 1993. "The Anticipated Sectoral Adjustment to the Canada-United States Free Trade Agreement: An Event Study Analysis," Canadian Journal of Economics, Canadian Economics Association, vol. 26(2), pages 253-271, May.
    3. Reynolds, Kara M., 2006. "Subsidizing rent-seeking: Antidumping protection and the Byrd Amendment," Journal of International Economics, Elsevier, pages 490-502.
    4. Benjamin H. Liebman & Kara M. Reynolds, 2006. "The returns from rent-seeking: campaign contributions, firm subsidies and the Byrd Amendment," Canadian Journal of Economics, Canadian Economics Association, vol. 39(4), pages 1345-1369, November.
    5. John J. Binder, 1985. "Measuring the Effects of Regulation with Stock Price Data," RAND Journal of Economics, The RAND Corporation, pages 167-183.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
    2. Haji Ali Beigi, Maryam & Budzinski, Oliver, 2012. "On the use of event studies to evaluate economic policy decisions: A note of caution," Ilmenau Economics Discussion Papers 80, Ilmenau University of Technology, Institute of Economics.

    More about this item

    Keywords

    Byrd Amendment; Antidumping; Event Study;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:amu:wpaper:0206. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Meal). General contact details of provider: http://www.american.edu/cas/economics/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.