Patrick McLaughlin

Patrick McLaughlin

  • Senior Research Fellow

Patrick A. McLaughlin is a Senior Research Fellow at the Mercatus Center at George Mason University. His research focuses on regulations and the regulatory process, with additional interests in environmental economics, international trade, industrial organization, and transportation economics.

Prior to joining Mercatus, Dr. McLaughlin served as a Senior Economist at the Federal Railroad Administration in the United States Department of Transportation. 

 Dr. McLaughlin has published in the fields of law and economics, public choice, environmental economics, and international trade. He holds a Ph.D. in economics from Clemson University.

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Published Research

Patrick McLaughlin, Jerry Ellig, John Morrall | Aug 12, 2012
This paper compares the quality and use of regulatory analysis accompanying economically significant regulations proposed by US executive branch agencies in 2008, 2009, and 2010. We find that the quality of regulatory analysis is generally low, but varies widely.
Jerry Ellig, Patrick McLaughlin | Dec 01, 2011
Using data from the Mercatus Center’s Regulatory Report Card project and statistics on Office of Information and Regulatory Affairs (OIRA) review time from reginfo.gov, we examine whether the quality and use of regulatory analysis vary consistently with OIRA actions.
Jerry Ellig, Patrick McLaughlin | Nov 01, 2011
This article assesses the quality and apparent use of regulatory analysis for economically significant regulations proposed by federal agencies in 2008.
Patrick McLaughlin | Aug 01, 2011
I test the level of information regarding possible groundwater contamination in the residential real estate market in Washington County, Minnesota. An approximately seven square-mile trichloroethylene plume has affected hundreds of households’ water supplies since at least 1988 in the region. I find that homeowners were initially well-informed by market forces, but were later somewhat misinformed by government actions regarding the potential of water contamination from the plume. A disclosure law passed in 2003 may have added new, low-cost, and imperfect information to the market that could explain the change in informational awareness.

Working Papers

Omar Ahmad Al-Ubaydli, Patrick McLaughlin | Oct 15, 2012
The Industry-specific Regulatory Constraint Database (IRCD) is a new database that quantifies federal regulation. IRCD offers a novel and objective measure of the accumulation of regulations in the economy overall and for all the different industries in the U.S. IRCD uses text analysis to count the number of binding constraints in the text of federal regulations, which are codified in the Code of Federal Regulations (CFR). In addition, it measures the degree to which different groups of regulations target specific industries.
Patrick McLaughlin, Jerry Ellig | Nov 08, 2010
Most federal agencies must conduct economic analysis when proposing major regulations. This paper uses a new dataset scoring the quality of analysis that accompanied proposed regulations in 2008.
Jerry Ellig, Patrick McLaughlin | Jun 22, 2010
This paper assesses the quality and use of regulatory analysis for economically significant regulations produced by federal agencies in 2008. A shorter and updated version of this paper was published in the journal Risk Analysis.
Patrick McLaughlin | Jun 2009

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Patrick McLaughlin | March 28, 2013
It is widely acknowledged that an agency’s decision to create a new regulation should be informed by an analysis of the regulation’s potential benefits and costs. The quality of these analyses, however, depends on the availability and appropriate use of information about potential benefits and costs. This program examines factors that can inflate benefit estimates and the implications of benefit inflation to regulatory policy and the reasons why certain costs of a regulation can be hidden even from those who bear that cost.