A black box assessment of institutional quality: the challenge of evaluating lobbying transparency

Laboutková, Šárka; Vymětal, Petr

doi:10.1080/01442872.2022.2053092

Cited by 3 publications

(1 citation statement)

References 69 publications

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“…The Global Data Barometer project highlights opportunities to improve both the content of information disclosed and the design of lobbyist registers to make them more accessible 19 . Effective enforcement and sanctions are likewise important to ensure compliance with transparency regulations 23,24 …”

Section: Discussionmentioning

confidence: 99%

Baby steps in lobbying reform: opportunities and challenges in Queensland

Lacy‐Nichols,

Cullerton

2023

Medical Journal of Australia

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Section: Discussionmentioning

confidence: 99%

Baby steps in lobbying reform: opportunities and challenges in Queensland

Lacy‐Nichols,

Cullerton

2023

Medical Journal of Australia

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Bridging energy transition and income inequality: The moderating effect of institutional transparency

Wang,

Yang,

2024

Sustainable Development

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The emergence of the United Nations' Sustainable Development Goals has instigated a transformative phase in policy formulation, emphasizing the multifaceted approach required to attain these objectives. Central to this pursuit is the management of diverse goals and their intricate interactions. This paper rigorously examines the pivotal role of institutional transparency in the nexus between energy transition and income inequality across 127 countries from 2012 to 2020, within the framework of the Sustainable Development Goals. The estimated results from the non‐balanced panel threshold model suggest the existence of a threshold effect of institutional transparency in the impact of energy transition on income inequality. On the whole, the process of energy transition has had a detrimental effect on income inequality, with institutional transparency serving to moderate it. When institutional transparency falls within the first regime (lnCPI ≤3.3322), the second regime (3.3322 < lnCPI <4.3041), and the third regime (lnCPI >4.3041), a 1% increase in the proportion of renewable energy consumption results in average increases in disposable income inequality of 0.0165%, 0.0143%, and 0.0128%, respectively. This suggests that institutional transparency has a positive moderating effect on the detrimental impact of energy transition on disposable income inequality. However, this result does not hold true for market income inequality. Additionally, there is an “inverted U‐shaped” relationship between economic growth and income inequality, indicating the negative impact of energy transition on income inequality would be offset by its contribution to economic growth.

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Limits to Discretionary Decision-making in Rapidly Changing Economic Environment: Fiscal Policy and Special Interests

Laboutková,

Picek,

Skála

2024

Challenges in the Turbulent Economic Environment and Organizations’ Sustainable Development

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Over the last few decades, a noticeable change in the approach to stabilization policy can be observed, namely a shift from discretion to rule-based policy. Rules in economic policy ensure predictability and reduce uncertainty, help policymakers avoid short-term pressures from special interest groups, act in line with long-term objectives, and facilitate communication and increase accountability. Nevertheless, we witness major (endogenous and exogenous) shocks that require quick decisions through discretionary decision-making. Economic policymakers must respond flexibly to a rapidly changing economic environment, and discretionary decision-making in this context might be beneficial. However, a constant re-evaluation (inconsistency) of economic policy decisions and new discretionary decisions might create an unstable economic environment. Policymakers face information asymmetry in the form of incomplete or distorted information supplied by the sphere of influence (interest groups). This study investigates the relationship between institutional quality, represented by the degree of transparent lobbying as a proxy indicator of information asymmetry, and economic policy consistency, characterized by the volatility of fiscal policy discretion. We find that the higher the transparency of the lobbying environment, the lower the variability of fiscal policy's discretionary component. Understanding the determinants of fiscal policy volatility is crucial for achieving sustainable development.

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A black box assessment of institutional quality: the challenge of evaluating lobbying transparency

Cited by 3 publications

References 69 publications

Baby steps in lobbying reform: opportunities and challenges in Queensland

Baby steps in lobbying reform: opportunities and challenges in Queensland

Bridging energy transition and income inequality: The moderating effect of institutional transparency

Limits to Discretionary Decision-making in Rapidly Changing Economic Environment: Fiscal Policy and Special Interests

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