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

RAND JOURNAL OF ECONOMICS, Vol. 26, No. 1

Posted: 18 Sep 1996

See all articles by Wesley A. Magat

Wesley A. Magat

Duke University (Deceased)

Michael J. Moore

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

Multiple version iconThere are 2 versions of this paper

Abstract

This study analyzes the effect of bicycle safety regulation in the United States and the United Kingdom using data on monthly injury rates. Unlike many previous studies of product safety regulation, a specific product regulation is analyzed, and long data series are available. In both countries, the regulation led to a significant decrease in accidents per bicycle in use. The effect in the United States is larger than in the United Kingdom.

JEL Classification: I18, L15

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. RAND JOURNAL OF ECONOMICS, Vol. 26, No. 1, Available at SSRN: https://ssrn.com/abstract=4229

Wesley A. Magat

Duke University (Deceased)

N/A

Michael J. Moore (Contact Author)

University of Virginia - Darden School of Business ( email )

Box 6550
Faculty 121
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.darden.virginia.edu/faculty/mooremi.htm

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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