Assessing regulatory impact by LCCBA

from the perspective of stakeholder involvement

Abstract

The last few years, there has been an increasing interest in the integration of environmental aspects into the generic industrial policy. In this study, we proposed a framework for redesigning the cost-benefit analysis (CBA) which is broadly applied in the existing regulatory impact assessment by the concept of life-cycle thinking. We found that there are key elements to be considered in the perspective of stakeholder involvement and increased legitimacy of the policy-making.