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

Wesley A. Magat and Michael J. Moore

RAND Journal of Economics, 1996, vol. 27, issue 1, 148-164

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.

Date: 1996
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