English, Article, Journal or magazine article edition: Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies Clare Leaver

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/21276
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies
Author
  • Clare Leaver
Physical Description
  • preprint
Notes
  • This paper argues that bureaucrats are susceptible to 'minimal squawk' behavior. I develop a simple model in which a desire to avoid criticism can prompt, otherwise public-spirited, bureaucrats to behave inefficiently. Decisions are taken to keep interest groups quiet and mistakes out of the public eye. The policy implications of this behavior are at odds with the received view that agencies should be structured to minimise the threat of 'capture'. I test between theories of bureaucratic behaviour using a matched panel of U.S. State Public Utility Commissions and investor-owned electric utilities. The data soundly reject the capture hypothesis and are consistent with the minimal squawk hypothesis: longer PUC terms of office are associated with an increase in the incidence of rate reviews in periods of falling input costs and, in turn, lower household electricity bills.
  • Bureaucratic Behavior, Professional Pride, Career Concerns, Regulatory Capture, Dynamic Panel Data Models
  • RePEc:oxf:wpaper:344
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment