Composite and decomposable indicators for evaluating RIA systems in practice: proposals for discussion and testing

de Panizza, Andrea (2007): Composite and decomposable indicators for evaluating RIA systems in practice: proposals for discussion and testing. Published in: ENBR working papers , Vol. 2007, No. 9 (2007): pp. 1-21.

Abstract

This paper proposes a first attempt for the development of a statistical tool where basic measures and/or tests (i.e. individual indicators) are organised and grouped in composite indices addressing different dimensions within Regulatory Impact Assessment (RIA). The latter can be variously combined, resulting also in more general, synthetic indicators, preserving the components’ constituent elements. Due to current limitations in information availability, weights for aggregation are left undetermined in practice; the same reason impacts on selection of elementary indicators and the shape of composites, so that appropriate methodologies ought to be applied to get to a fully operational stage. A derived frame is also proposed, limited to a monetary perspective on the overall performance of RIA national systems, by means of a handful of key indicators which are less dependent on issues of aggregation

• Item Type: MPRA Paper
• Language: English
• Keywords: Regulatory Impact Assessment; composite indicators; key indicators
• Subjects: G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation; D - Microeconomics > D7 - Analysis of Collective Decision-Making > D78 - Positive Analysis of Policy Formulation and Implementation; C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C19 - Other

References

BRE (2006) ‘The Tools to Deliver Better Regulation – Revising the Regulatory Impact Assessment: A Consultation ’, Better Regulation Executive of H.M. Cabinet Office; www.cabinetoffice.gov.uk/regulation

COLECCHIA, A. (1999), ‘Defining and Measuring E-commerce: Towards the development of an Oecd Methodology’, presented at the Conference On The Measurement Of Electronic Commerce, Singapore Dept. of Statistics (6-8 December).

DE PANIZZA, A. (2006), Benchmarking Indicators for Innovation Policies at the Regional Level, Omen project D.2.2

DE FRANCESCO, F. and C. M. RADAELLI (2007), ‘Indicators of Regulatory Quality’, in C. Kirkpatrick and D. Parker (eds), Regulatory Impact Assessment: Towards Better Regulation?, Cheltenham: Edward Elgar, 2007.

EC (2005), ‘Impact Assessment Guidelines’, European Commission, SEC (2005) 791;

JACOB, K., A. MEUWESE and C. RADAELLI (2006), Development of a preliminary set of indicators for the quality of IA, EVIA D.1.4 on Indicators for Regulatory Quality, 2nd draft (September)

JACOBS, S. (2006), ‘Current Trends in Regulatory Impact Analysis: The Challenges of Mainstreaming RIA into Policy-making’, Jacobs and Associates, 30 may. Adapted from ‘Regulatory Impact Analysis in Regulatory Process, Method, and Co-operation: Lessons for Canada from International Trends’, in Policy Research Initiative Working Paper Series

KAUFMANN, D., A. KRAAY and M. MASTRUZZI, (2004) ‘Governance Matters III, Governance indicators for 1996, 1998, 2000, and 2002’, World Bank Economic Review. 18:253-287.

KAUFMANN, D., A. KRAAY and M. MASTRUZZI,(2005) ‘Governance Matters IV, Governance indicators for 1996-2004’, WB Policy Research WP No. 3630 (May)

KAUFMANN, D., A. KRAAY and M. MASTRUZZI, (2006) ‘Governance Matters V, Governance indicators for 1996-2005’, Available at SSRN: http://ssrn.com/abstract=929549

MANDELKERN, D. (ED., 2001) Mandelkern Group on Better Regulation Final Report , presented at the Laeken Meeting of the European Council of September 2001; available at: http://ec.europa.eu/governance/impact/docs/key_docs/mandelkern_report_en.pdf

NARDO, M., M. SAISANA, A. SALTELLI and S. TARANTOLA, (2005a), Tools for Composite Indicators Building. IPSC - Joint Research Centre of the European Commission. Available at: http://farmweb.jrc.ec.europa.eu/ci/Document/EUR%2021682%20EN.pdf

NARDO, M., M. SAISANA, A. SALTELLI and S. TARANTOLA, with A. HOFFMANN and E. GIOVANNINI (2005b), ‘Handbook on constructing composite indicators: methodology and user guide’, Oecd Statistics Working Papers series, STD/DOC(2005)3 (August).

OECD (1999), Regulatory Reform in the United States – Government capacity to ensure High Quality Regulation. Oecd, Paris

OECD (2004a), ‘Regulatory Impact Analysis (RIA) Inventory’, note prepared by the Oecd Secretariat for the Public Governance Committee meeting, GOV/PGC/RD(2004)1, Oecd, Paris, April.

OECD (2004b), ‘Regulatory performance: ex-post Evaluation of Regulatory Tool and Institutions’, Working Party on Regulatory Management and Reform, Public Governance Committee, GOV/PGC/REG (2004)6. Oecd, Paris

RADAELLI, C. M. (2003), European Commission Conference on ‘Impact assessment in the European Union: innovations, quality and good regulatory governance’ Background report 20

RADAELLI, C., B. DENTE, S. JACOBS, C. KIRKPATRIC, A. MEUWESE and A. RENDA (2006), ‘ENBR Handbook: How to perform the DIADEM data collection’, www.enbr.org (31 July)

RENDA, A. (2006) Impact Assessment in the EU: the State of the Art and the Art of the State, Ceps, Brussels

ROBERTI, P. (2006) Assessment Methodology Tool for Policy Evaluation and Impact Analysis, Omen Project D.2.1;

ROOM, G. (ed.; 2004), Final Report on Conceptualisation and Analysis of the New Information Economy, Deliverable 5.3 of the Nesis EU-IST VFP Project, Informer. Internet: http://www.bath.ac.uk/soc-pol/research/nesis; http://nesis.jrc.cec.eu.int.

VISAGGIO, M. (2007), ‘A Conceptual Framework Toward Composite Indicators For Evaluating RIA Program Quality’, paper developed from the presentation (A. de Panizza, M. Visaggio) held at the ENBR Workshop on Regulatory Quality – Rotterdam (December 2006), mimeo

WORLD BANK (2004) Doing Business in 2004 – Understanding Regulation, The WB-IFC & Oxford U.P.: Available at: www.doingbusiness.org

WORLD BANK (2006) Doing Business in 2007 – How to Reform, The WB-IFC & Oxford U.P.; Available at: www.doingbusiness.org