EconPapers    
Economics at your fingertips  
 

What Do Revolving-Door Laws Do?

Marc Law () and Cheryl X. Long

Journal of Law and Economics, 2012, vol. 55, issue 2, 421 - 436

Abstract: On the basis of evidence from state public utility commissions, we find that revolving-door laws--laws that restrict the post-government-employment opportunities of public sector workers, including public utility regulators--do not do much, at least with respect to electricity prices. In this paper, we take advantage of a quasi experiment afforded by the fact that revolving-door laws were introduced in different states at different times to investigate their effects on electricity prices. Our findings suggest that while revolving-door laws temporarily dampen industrial electricity prices, they have no effect on commercial or residential prices. There is also some evidence that these regulations affect the characteristics of state public utility commissioners; commissioners from states with revolving-door regulations serve shorter terms and are less likely to be subsequently employed in the private sector, compared with their counterparts from states without revolving-door laws.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1086/663630 (application/pdf)
http://dx.doi.org/10.1086/663630 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jlawec:doi:10.1086/663630

Access Statistics for this article

More articles in Journal of Law and Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().

 
Page updated 2019-07-21
Handle: RePEc:ucp:jlawec:doi:10.1086/663630