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The Independence of Regulatory Authorities

Bibliographic Data

ID23651306
AuthorsFabrizio Gilardi (0000-0002-0635-3048), Martino Maggetti (0000-0002-7263-3726)
Year2011
Publication date2011-11-30
Peer ReviewedYes
Open AccessNo
TypeCHAPTER
VenueHandbook on the Politics of Regulation (SOURCE_BOOK)
PublisherEdward Elgar Publishing (PUBLISHER • GB)
DOI10.4337/9780857936110.00026
OpenAlexW2222248495
ISBN9780857936110
LanguageEN
Citations received47
References cited33

This chapter offers a theoretical and empirical assessment of the distinctive feature of regulatory agencies, namely their independence. First, we discuss the formal and informal aspects of regulatory independence, their conceptualization, and their operationalization. Second, we present empirical research explaining the variation of formal independence across countries and sectors. We also point out that formal independence is neither a necessary nor a sufficient condition for regulators’ de facto independence from political decision-makers and from the regulated industries. We conclude by highlighting the persistent relevance of regulatory independence for the study of the ongoing processes of re-regulation and agencification.

Conceptualization · De facto · Economics · Epistemology · Independence (probability theory) · Operationalization · Political science · Politics · Positive economics · Public economics · Relevance (law) · Computer Science · Law · Law, Economics, and Judicial Systems · Mathematics · Political Influence and Corporate Strategies · Regulation and Compliance Studies

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Unique citing works47
Citations per year3,13
Citation span2011 - 2026 (16)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 33

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