Dynamite Regulations. The Explosives Industry, Regulatory Capture and the Swedish Government 1858-1948

Josefin Sabo () and Lena Andersson-Skog
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Josefin Sabo: Umeå University
Lena Andersson-Skog: Umeå University

International Advances in Economic Research, 2017, vol. 23, issue 2, No 5, 201 pages

Abstract: Abstract In this article, we argue that the regulation of the explosives industry in Sweden between 1858 and 1948 can give a slightly different perspective on regulatory capture. In this case it was the upstart company, the Nobel Dynamite Company, and not the established explosives companies that in negotiation with the regulator succeeded in establishing new national regulations. Through three different cases we show that the method behind this successful capture was indirect and direct with a common trait of risk minimizing for the public that developed in cooperation with the regulator.

Keywords: Sweden; Dynamite; Regulatory capture; Industrialization; Government-market relations (search for similar items in EconPapers)
JEL-codes: L50 N10 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s11294-017-9637-9

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