Safety Regulation and Firm Size: Effects of the Coal Mine Health and Safety Act of 1969

The Coal Mine Health and Safety Act of 1969 has contributed to the decline in mine productivity, which must be weighed against safer working conditions for the miners. There may be some overstatement of the benefits if only fatalities are considered, however, because there was an increase in non-fat...

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Veröffentlicht in:J. Law Econ.; (United States) 1982-10, Vol.25 (2), p.183-199
Hauptverfasser: Neumann, George R., Nelson, Jon P.
Format: Artikel
Sprache:eng
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Zusammenfassung:The Coal Mine Health and Safety Act of 1969 has contributed to the decline in mine productivity, which must be weighed against safer working conditions for the miners. There may be some overstatement of the benefits if only fatalities are considered, however, because there was an increase in non-fatal accidents after 1970. Safety regulations have forced the closure of some small mines and raised some questions about the tradeoffs necessary when work safety reduces competition. A review of pertinent legislation, a hedonic wage-differential model, and the effects of union wage policy are applied to these questions. 4 tables. (DCK)
ISSN:0022-2186
1537-5285
DOI:10.1086/467012