Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles

Magat, Wesley A.; Moore, Michael J.

Download This Paper

Open PDF in Browser

Add Paper to My Library

Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles

NBER Working Paper No. w5157

36 Pages Posted: 1 Aug 2000 Last revised: 4 Feb 2021

See all articles by Wesley A. Magat

Michael J. Moore

University of Virginia - Darden School of Business; National Bureau of Economic Research (NBER)

There are 2 versions of this paper

Date Written: June 1995

Abstract

We study the effects of bicycle safety regulations in both the United States and the United Kingdom on bicycle accident rates for various population age groups. We find small, statistically significant decreases in the accident rates as the stock of bicycles increases its compliance with the regulations. This result is independent of country, season, and trend effects and holds across a range of age groups. The results run counter to those in similar studies. This appears to reflect our focus on a specific standard, rather than on broad enabling legislation, and the longer time series available.

Suggested Citation: Suggested Citation

Magat, Wesley A. and Moore, Michael J., Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles (June 1995). NBER Working Paper No. w5157, Available at SSRN: https://ssrn.com/abstract=225221