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

Authors
Disciplines
  • Engineering
  • Political Science

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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