How does government regulation influence the structure of industries? In the coal mining industry, increased safety can be provided with personal protection devices or with engineering controls; but the type of safety standard imposed is important because larger producers have a comparative advantage complying with engineering controls. Time series evidence indicates that controls, drove out smaller, less safe mines, thereby shifting production toward larger mines. Copyright 1990 by Oxford University Press.
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Article provided by Oxford University Press in its journal Economic Inquiry.
Volume (Year): 28 (1990) Issue (Month): 2 (April) Pages: 354-89 Download reference. The following formats are available: HTML
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Handle: RePEc:oup:ecinqu:v:28:y:1990:i:2:p:354-89
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