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Further Analysis of the Theory of Economic Regulation: The Case of the 1969 Coal Mine Health and Safety Act

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  • Fuess, Scott M, Jr
  • Loewenstein, Mark A

Abstract

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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Bibliographic Info

Article provided by Western Economic Association International in its journal Economic Inquiry.

Volume (Year): 28 (1990)
Issue (Month): 2 (April)
Pages: 354-89

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Handle: RePEc:oup:ecinqu:v:28:y:1990:i:2:p:354-89

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Cited by:
  1. Kniesner, Thomas J. & Leeth, John D., 2003. "Data Mining Mining Data: MSHA Enforcement Efforts, Underground Coal Mine Safety, and New Health Implications," Working paper 81, Regulation2point0.

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