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The underlying logic of the Government Performance and Results Act (GPRA) suggests that federal programs should be evaluated based on empirical evidence that they actually produce the intended outcomes. This study applies the same logic to GPRA itself, investigating empirically whether GPRA may...
Persistent link: https://www.econbiz.de/10014209689
The number of regulations and their economic impact continue to grow. Yet the quality and use of economic analysis to inform regulatory decisions falls far short of the standards enunciated in executive orders governing regulatory analysis and review. Both the president and Congress have...
Persistent link: https://www.econbiz.de/10012856557
Independent regulatory agencies face increasing pressure to conduct high-quality economicanalysis of regulations, similar to the regulatory impact analysis conducted by executive branchagencies. Such analysis could be required by evolving judicial doctrines, regulatory reformstatutes, or...
Persistent link: https://www.econbiz.de/10012920576
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...
Persistent link: https://www.econbiz.de/10013006022
The Government Performance and Results Act (GPRA) of 1993 directed U.S. federal agencies to produce strategic plans with outcome-oriented objectives, annual performance plans with performance goals, and annual performance reports that measure progress toward those goals. The legislation sought...
Persistent link: https://www.econbiz.de/10013048667
Since 1974, executive orders have required executive branch regulatory agencies to produce some form of economic analysis when promulgating significant regulations. However, both case study research and regulatory analysis “scorecards” find that the quality of regulatory analysis varies...
Persistent link: https://www.econbiz.de/10013048669
Scholarly research demonstrates that Regulatory Impact Analysis often falls short of the standards articulated in executive orders and Office of Management and Budget guidance. More often than not, agencies do not appear to use the Regulatory Impact Analysis to inform major decisions. Regulatory...
Persistent link: https://www.econbiz.de/10013048676
This paper compares the quality and use of regulatory analysis accompanying economically significant regulations proposed by US executive branch agencies in 2008, 2009, and 2010. We find that the quality of regulatory analysis is generally low, but varies widely. Budget regulations, which define...
Persistent link: https://www.econbiz.de/10013048680
The Mercatus Center at George Mason University initiated its Regulatory Report Card project in 2009 to assess how well executive branch regulatory agencies conduct and use regulatory impact analysis and to identify ways to motivate improvement. Report Card evaluations reveal that agencies often...
Persistent link: https://www.econbiz.de/10012985445
Most federal agencies must conduct economic analysis when proposing major regulations. This paper uses a new data set scoring the quality of analysis accompanying proposed regulations in 2008 to assess whether some types of regulations receive more thorough analysis than others. Previous...
Persistent link: https://www.econbiz.de/10014193186