Characterization and measurement of the independence of regulators

Authors

DOI:

https://doi.org/10.14409/redoeda.v11i2.13501

Keywords:

Characterization and measurement of the independence of regulators

Abstract

The article explains the evolution of the characterization of the independence of regulatory authorities, from formal or de jure independence to actual or de facto independence, addressing the distancing of the other bodies of public power and of the stakeholders and the autonomy in the exercise of its mandate, to then present the indices that have been developed by academic studies to measure the degree of independence of regulatory authorities in different sectors and countries, to conclude with the development of an index proposal that correlates the dimensions of de facto independence identified by the OECD with the variables characterizing de jure independence that have been addressed in the preceding academic analyzes to have a measurement instrument that integrates the two dimensions of the independence of regulators.

Author Biography

Manuel Alberto Restrepo-Medina, Universidad del Rosario

Profesor Emérito de la Universidad del Rosario (Bogotá, Colombia). Doctor en Derecho por la Universidad Alfonso X el Sabio. Magister en Derecho Administrativo por la Universidad del Rosario. Magister en Estudios Políticos por la Pontificia Universidad Javeriana. Especialista en Legislación Financiera por la Universidad de los Andes. Abogado por la Universidad del Rosario. Miembro de número de la Academia Colombiana de Jurisprudencia.

References

ARORA, Dolly. Independent Regulatory Authorities: contours of the debate and experience. Indian Journal of Public Administration. [s.l.], vol. 64, num 3, p. 358-372, 2018. https://journals.sagepub.com/doi/10.1177/0019556118783050?icid=int.sj-full-text.similar-articles.6.

BARQUERO CÓRDOBA, Ricardo. Estado, economía y derecho. En: ORTIZ ZAMORA, Luis A. (editor). Derecho público económico. San José de Costa Rica: Editorial Jurídica Continental, 2008, p. 19-53.

CAMBINI, Carlo, FRANZI, Donata. Independent regulatory agencies and rules harmonization for the electricity sector and renewables in the Mediterranean region. Energy Policy, [s.l.], n. 60, p. 179–191, sep. 2013. https://www.sciencedirect.com/science/article/pii/S0301421513003327

CASSESE, Sabino. La globalización jurídica. ORTEGA, Luis et. al. (Trad.). Madrid: INAP/Marcial Pons, 2006.

GILARDI, Fabrizio. Policy credibility and delegation to independent regulatory agencies: a comparative empirical analysis. Journal of European Public Policy, [s.l.], vol. 9, num. 6, p. 873-893, 2002. https://doi.org/10.1080/1350176022000046409.

GILARDI, Fabrizio; MAGGETTI, Martino. The independence of regulatory authorities. En LEVI-FAUR, David (ed.). Handbook on the Politics of Regulation. Cheltenham: Edward Elgar Publishers, 2011, p. 201-214.

JACOBZONE, Stéphane. Independent Regulatory Authorities in OECD countries: an overview. En: OECD. Designing Independent and Accountable Regulatory Authorities for High Quality Regulation. OECD. Working Party on Regulatory Management and Reform. Paris: OECD Publishing, 2005, p. 72-101. https://web-archive.oecd.org/2012-06-15/151577-35028836.pdf.

JOHANSSEN, Katja Sander. Regulatory Independence in Theory and Practice – a Survey of Independent Energy Regulators in Eight European Countries. Copenhage: AKF Forlaget. 2003. https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&doi=2d583e913acc8443bdbe7715665536d90a26cf7d.

LANCASTER, Thomas D.; ABDALLA, Reem. Independent Regulatory Authorities as Mechanisms of Political Monitoring. Indian Journal of Public Administration, [s.l.], vol. 64, num. 3, p. 331–348, 2018. https://journals.sagepub.com/doi/abs/10.1177/0019556118788483?journalCode=ipaa.

LARSEN, Anders; PEDERSEN, Lene Holm; SORENSEN, Eva Moll; OLSEN, Ole Jess. Independent regulatory authorities in European electricity markets. Energy Policy, [s.l.], n. 34, p. 2858–2870, 2006. https://www.sciencedirect.com/science/article/abs/pii/S0301421505001357.

MEGGINSON, William L; NETTER, Jeffry M. From state to market: A survey of empirical studies on privatization. Journal of economic literature, [s.l.], vol. 39, n. 2, p. 321-389, jun. 2001.

OCDE. Creando una cultura de independencia: Guía práctica contra influencias indebidas. Serie Gobernanza de reguladores. Paris: Éditions OCDE, 2017. http://dx.doi.org/10.1787/9789264287877-es.

OECD. The Governance of Regulators. En: OECD Best Practice Principles for Regulatory Policy, Paris, OECD Publishing, 2014. http://dx.doi.org/10.1787/9789264209015-en.

OECD. Being an Independent Regulator, The Governance of Regulators. Paris: OECD Publishing, 2016. http://dx.doi.org/10.1787/9789264255401-en.

OECD. Indicators of Product Market Regulation. Paris: OECD Publishing, 2012. https://www.oecd.org/economy/reform/indicators-of-product-market-regulation/

PONCE, Julián y SÁNCHEZ, Ana. La evaluación de la calidad normative. En: GARDE, Juan Antonio (coord.). La Agencia Estatal de Evaluación de la Calidad de los Servicios y de las Políticas Públicas. Madrid: INAP, 2005, p. 139-165.

SAJO, Andras. Independent Regulatory Authorities as Constitutional Actors: Comparative Perspective. Annales Universitatis Scientiarum Budapestinensis de Rolando Eotvos Nominatae: Sectio Iuridica, Budapest, n. 48, p. 5-52, 2007. https://epa.oszk.hu/04600/04604/00005/pdf/EPA04604_annales_2007_005-052.pdf.

VATIERO, Massimiliano. 'Medición' de autoridades reguladoras independientes: una revisión. Siena: [sn], 2008. http://dx.doi.org/10.2139/ssrn.1280295.

YEUNG, Karen. The Regulatory State. En: BALDWIN, Robert; CAVE, Martin; LODGE, Martin (ed.). The Oxford handbook of regulation. New York: Oxford University Press, 2010.

Published

2024-07-01

How to Cite

RESTREPO-MEDINA, M. A. Characterization and measurement of the independence of regulators. Euro-Latin American Journal of Administrative Law, [S. l.], v. 11, n. 2, p. e259, 2024. DOI: 10.14409/redoeda.v11i2.13501. Disponível em: https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/Redoeda/article/view/13501. Acesso em: 23 nov. 2024.