Shall the law set them free? The formal and actual independence of regulatory agencies

Hanretty, Chris and Koop, Christel (2013) Shall the law set them free? The formal and actual independence of regulatory agencies. Regulation & Governance, 7 (2). 195–214. ISSN 1748-5991

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    Abstract

    Regulation by independent agencies, rather than ministries, is believed to result in better policy outcomes. Yet this belief requires one to accept a complex causal chain leading from formal independence to actual independence from politics, to policy decisions and, ultimately, to policy outcomes. In this study, we analyze the link between the formal and actual independence of regulatory agencies in Western Europe. New data on the appointment of chief executives of these agencies is used to create a proxy for the actual independence of agencies from politics. The analysis demonstrates that formal independence is an important determinant of actual independence, but the rule of law and the number of veto players matter as well.

    Item Type: Article
    Faculty \ School: Faculty of Arts and Humanities > School of Political, Social and International Studies
    University of East Anglia > Faculty of Social Sciences > Research Groups > Media@uea
    University of East Anglia > Faculty of Arts and Humanities > Research Groups > Media@uea

    University of East Anglia > Faculty of Arts and Humanities > Research Groups > Political, Social and International Studies
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    Depositing User: Chris Hanretty
    Date Deposited: 15 Oct 2012 15:36
    Last Modified: 25 Jul 2018 03:27
    URI: https://ueaeprints.uea.ac.uk/id/eprint/39827
    DOI: 10.1111/j.1748-5991.2012.01156.x

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