IDEAS home Printed from https://ideas.repec.org/p/umb/econwp/1201.html
   My bibliography  Save this paper

Evaluating Central Regulatory Institutions with an Application to the U.S. Office of Information and Regulatory Affairs

Author

Listed:
  • Scott Farrow

    (UMBC)

Abstract

Alternative governmental models and evaluation designs are used to analyze central regulatory institutions. Such institutions are increasingly used world wide to coordinate or advise decision making on regulatory actions that extend across multiple agencies. Bureaucratic, economic, and political framings are used to inform data collection and analysis. These framings and designs are illustrated using analyses of the process and outcome of regulatory review at the U.S. Office of Information and Regulatory Affairs. Several data sets are analyzed, including a quantile regression of data from Morrall (2003).

Suggested Citation

  • Scott Farrow, 2012. "Evaluating Central Regulatory Institutions with an Application to the U.S. Office of Information and Regulatory Affairs," UMBC Economics Department Working Papers 12-01, UMBC Department of Economics.
  • Handle: RePEc:umb:econwp:1201
    as

    Download full text from publisher

    File URL: http://www.umbc.edu/economics/wpapers/wp_12_01.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lutter, Randall & Morrall, John F, III, 1994. "Health-Health Analysis: A New Way to Evaluate Health and Safety Regulation," Journal of Risk and Uncertainty, Springer, vol. 8(1), pages 43-66, January.
    2. Morrall, John F, III, 2003. "Saving Lives: A Review of the Record," Journal of Risk and Uncertainty, Springer, vol. 27(3), pages 221-237, December.
    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. Stuart Shapiro & John F. Morrall III, 2012. "The triumph of regulatory politics: Benefit–cost analysis and political salience," Regulation & Governance, John Wiley & Sons, vol. 6(2), pages 189-206, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jens Ludwig & Dave E. Marcotte, 2005. "Anti-depressants, suicide, and drug regulation," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 24(2), pages 249-272.
    2. Ruediger Rackwitz, 2004. "Optimal and Acceptable Technical Facilities Involving Risks," Risk Analysis, John Wiley & Sons, vol. 24(3), pages 675-695, June.
    3. Chris Rohlfs & Ryan Sullivan & Thomas J. Kniesner, 2016. "Reducing risks in wartime through capital-labor substitution: Evidence from World War II," Journal of Risk and Uncertainty, Springer, vol. 52(2), pages 163-190, April.
    4. Lomborg, Bjorn, 2020. "Welfare in the 21st century: Increasing development, reducing inequality, the impact of climate change, and the cost of climate policies," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
    5. Broughel, James & Viscusi, Kip, 2017. "Death by Regulation: How Regulations Can Increase Mortality Risk," Working Papers 06864, George Mason University, Mercatus Center.
    6. Gerdtham, Ulf-G. & Johannesson, Magnus, 2000. "Income-related inequality in life-years and quality-adjusted life-years," Journal of Health Economics, Elsevier, vol. 19(6), pages 1007-1026, November.
    7. David M. Hassenzahl, 2006. "Implications of Excessive Precision for Risk Comparisons: Lessons from the Past Four Decades," Risk Analysis, John Wiley & Sons, vol. 26(1), pages 265-276, February.
    8. Stavins, Robert N., 2003. "Environmental Protection and Economic Well-Being: How Does (and How Should) Government Balance These Two Important Values?," Discussion Papers 10565, Resources for the Future.
    9. Viscusi W. Kip, 2019. "The Mortality Cost Metric for the Costs of War," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 25(3), pages 1-10, September.
    10. Massarutto, Antonio & Roder, G. & Troiano, S., 2022. "Better safe than sorry? Stated preferences and the precautionary principle for securing drinking water quality in an Italian district," Utilities Policy, Elsevier, vol. 76(C).
    11. Kuchler, Fred & Golan, Elise H., 1999. "Assigning Values To Life: Comparing Methods For Valuing Health Risks," Agricultural Economic Reports 34037, United States Department of Agriculture, Economic Research Service.
    12. W. Kip Viscusi, 1996. "Economic Foundations of the Current Regulatory Reform Efforts," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 119-134, Summer.
    13. Robert B. Avery & Raphael W. Bostic & Glenn B. Canner, 2003. "Assessing the CRA's Necessity and Efficiency," Working Paper 8606, USC Lusk Center for Real Estate.
    14. Shamoun, Dima & Williams, Richard & Broughel, James & Calabrese, Edward, 2016. "Regulation under Uncertainty: Use of the Linear No-Threshold Model in Chemical and Radiation Exposure," Working Papers 04174, George Mason University, Mercatus Center.
    15. Viscusi, W Kip & Aldy, Joseph E, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
    16. Henrik Lindhjem & Ståle Navrud & Nils Axel Braathen & Vincent Biausque, 2011. "Valuing Mortality Risk Reductions from Environmental, Transport, and Health Policies: A Global Meta‐Analysis of Stated Preference Studies," Risk Analysis, John Wiley & Sons, vol. 31(9), pages 1381-1407, September.
    17. Robert W. Hahn & Paul C. Tetlock, 2008. "Has Economic Analysis Improved Regulatory Decisions?," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 67-84, Winter.
    18. Gerdtham, Ulf-G. & Ruhm, Christopher J., 2006. "Deaths rise in good economic times: Evidence from the OECD," Economics & Human Biology, Elsevier, vol. 4(3), pages 298-316, December.
    19. James Broughel & W. Kip Viscusi, 2021. "The Mortality Cost Of Expenditures," Contemporary Economic Policy, Western Economic Association International, vol. 39(1), pages 156-167, January.
    20. El Mouden, Claire, 2013. "The Sciences Of Risk: Implications For Regulation Of The Financial Sector," INET Oxford Working Papers 2013-01, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

    More about this item

    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:umb:econwp:1201. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christelle Viauroux (email available below). General contact details of provider: https://edirc.repec.org/data/edumbus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.