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Jurisdictional integration: A framework for measuring and predicting the depth of international regulatory cooperation in competition policy
Author(s) -
Petrie Murray
Publication year - 2016
Publication title -
regulation and governance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.417
H-Index - 45
eISSN - 1748-5991
pISSN - 1748-5983
DOI - 10.1111/rego.12069
Subject(s) - competition (biology) , competition policy , economics , regulatory competition , variable (mathematics) , international trade , measure (data warehouse) , international economics , industrial organization , public economics , political science , european union , computer science , data mining , management , ecology , corporate governance , mathematical analysis , mathematics , corporate law , biology
This article takes a new approach to international regulatory cooperation by developing a concept of the depth of cooperation, jurisdictional integration. A dataset of international competition policy agreements is compiled and ranked against an ordinal index of the depth of de jure cooperation in enforcing competition policies. There has been both a deepening and broadening of de jure cooperation over time. Statistical analysis finds that common membership of the O rganisation for E conomic C o‐operation and D evelopment is a strong predictor of the depth of agreements to cooperate in enforcing competition policies; that we can be confident that the depth of agreements is low when signatories' substantive competition laws are dissimilar; and that the depth of de jure cooperation is a strong predictor of whether an agreement is “intergovernmental” or “transgovernmental.” The article puts forward a new way to map and measure international regulatory cooperation, and a new variable for use in research on its causes and consequences.