2012
DOI: 10.1111/j.1748-5991.2012.01131.x
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The triumph of regulatory politics: Benefit–cost analysis and political salience

Abstract: While benefit–cost analysis (BCA) is now a permanent part of the regulatory process in the United States, and many other countries around the world as well as the European Union have adopted it or are moving toward it, there have been few empirical attempts to assess either whether its use improves regulations or how BCA interacts with the political environment. We use a unique US database of the costs and benefits of 109 economically significant regulations issued between 2000 and 2009 to examine whether the … Show more

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Cited by 34 publications
(43 citation statements)
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References 23 publications
(23 reference statements)
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“…A third group of studies is concerned with judicial review and the role of courts in regulatory policy (Galera 2010). Finally, there is a body of work on the role of economics in the preparation of legislation -a form of ex ante control of rule-making that covers different usages of cost-benefit analysis and regulatory impact assessment (De Francesco et al 2012;Radaelli 2010;Shapiro and Morrall 2012). This literature has produced a fine-grained knowledge about individual instruments, but at the expense of the bigger picture.…”
Section: Literature Review and Research Questionsmentioning
confidence: 98%
“…A third group of studies is concerned with judicial review and the role of courts in regulatory policy (Galera 2010). Finally, there is a body of work on the role of economics in the preparation of legislation -a form of ex ante control of rule-making that covers different usages of cost-benefit analysis and regulatory impact assessment (De Francesco et al 2012;Radaelli 2010;Shapiro and Morrall 2012). This literature has produced a fine-grained knowledge about individual instruments, but at the expense of the bigger picture.…”
Section: Literature Review and Research Questionsmentioning
confidence: 98%
“…It, therefore, is not surprising that this direct form of utilization prevails in various recent studies on RIA usage (Ellig et al . ; Shapiro & Morrall ; Taylor et al . ).…”
Section: Typology Of Ria Utilizationmentioning
confidence: 99%
“…Standard CBA has been, for example, the recognized and required approach to policy appraisal and evaluation in the USA and in the UK for a long time (Shapiro andMorrall III 2012, Pearce 1998) and more recently across Europe (e.g. since 2000 for the formulation of the European Commission's Cohesion Policy; European Commission 2008).…”
Section: The Use Of Multi-criteria Decision-support Methods For Consimentioning
confidence: 99%