Suchergebnisse

The requirement that federal agencies prepare economic studies--regulatory impact analyses (RIA)--for major new environmental and other social regulations has been controversial since its implementation almost thirty years ago. In a new RFF report, experts with differing perspectives take a hard look at several recent RIAs issued by the U.S. Environmental Protection Agency and explore what reforms would benefit the current system. The publication grew out of a series of workshops drawing upon views from government officials, legal scholars, and academic experts.

The requirement that federal agencies prepare economic studies--regulatory impact analyses (RIA)--for major new environmental and other social regulations has been controversial since its implementation almost thirty years ago. In a new RFF report, experts with differing perspectives take a hard look at several recent RIAs issued by the U.S. Environmental Protection Agency and explore what reforms would benefit the current system. The publication grew out of a series of workshops drawing upon views from government officials, legal scholars, and academic experts.

Over the past decades, considerable debate has emerged surrounding the use of cost-benefit analysis (CBA) to analyze and make recommendations for environmental and safety regulations. Critics argue that CBA forces values on unquantifiable factors, that it does not adequately measure benefits across generations, and that it is not adaptable in situations of uncertainty. Proponents, on the other hand, believe that a well-done CBA provides useful, albeit imperfect, information to policymakers precisely because of the standard metrics that are applied across the analysis. Largely absent from the d

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Regulatory impact analysis (RIA) is a systemic approach to critically assessing the positive and negative effects of proposed and existing regulations and non-regulatory alternatives. This publication brings together recent OECD research and analysis concerning methodological issues and country experiences with RIA. The collected papers cover a number of challenges to the effectiveness of RIA including: systemic factors which influence the quality of RIA; methodological frameworks that can assist RIA to improve regulation; guidance on using RIA to avoid unnecessary regulation of competitive ma

Numerous regulatory reform proposals would require federal agencies to conduct more thorough economic analysis of proposed regulations or expand the resources and influence of the Office of Information and Regulatory Affairs (OIRA), which currently reviews executive branch regulations. Such reforms are intended to improve the quality of economic analysis agencies produce when they issue major regulations. We employ newly gathered data on variation in current administrative procedures to assess the likely effects of proposed regulatory process reforms on the quality of agencies' regulatory impact analyses (RIAs). Our results suggest that greater use of advance notices of proposed rulemakings for major regulations, advance consultation with regulated entities, use of advisory committees, and expansion of OIRA's resources and role would improve the quality of RIAs. They also suggest pre-proposal public meetings with stakeholders are associated with lower quality analysis.