OECD Regulatory Policy Working Papers

This series gathers together OECD working papers on the tools, governance and institutions of better regulation and their impact on policy outcomes. It includes both technical and analytical material, prepared by staff and experts in the field. Together, the papers provide valuable context and background for OECD publications on regulatory policy and governance.


2015 Indicators of Regulatory Policy and Governance

Design, Methodology and Key Results

This paper presents the methodology, key results and statistical analysis of the 2015 Indicators for Regulatory Policy Governance (iREG) to complement the OECD Regulatory Policy Outlook 2015. Three composite indicators were constructed corresponding to three key principles of the 2012 OECD Recommendation of the Council on Regulatory Policy and Governance: Regulatory Impact Assessment; stakeholder engagement; and ex post evaluation. This paper explains the process by which the indicators were developed, presents main results, and outcomes of different sensitivity analyses that were performed to test the robustness of the methodology, including principal components analysis, Monte Carlo analysis and weight-sensitivity analysis.


Keywords: evaluation, consultation, composite indicators, regulatory impact assessment, transparency, oversight
JEL: O5: Economic Development, Innovation, Technological Change, and Growth / Economywide Country Studies; J5: Labor and Demographic Economics / Labor-Management Relations, Trade Unions, and Collective Bargaining; K2: Law and Economics / Regulation and Business Law
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error