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
There are 2 versions of this paper
Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles
NBER Working Paper No. w5157
Number of pages: 36
Posted: 01 Aug 2000
Last Revised: 06 Aug 2022
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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: 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
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