The Regulatory Determinants of Railroad Safety

被引：0
作者：
Jerry Ellig
Patrick A. McLaughlin
机构：
[1] Mercatus Center at George Mason University,
来源：
Review of Industrial Organization | 2016年 / 49卷
关键词：
Railroad; Railroad safety; Regulation; Safety regulation; Staggers Act; RegData; D61; K23; L51; L92; R41;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
The dramatic improvement in railroad safety since the 1970s has been accompanied by a substantial increase in safety regulation and a substantial reduction in economic regulation after 1980. We assess the effects of both regulatory changes on railroad safety with the use of RegData: a new data set that was developed by one of the authors that measures the amount of regulation that is imposed by specific regulatory agencies on specific industries. We find that partial economic deregulation is associated with improved safety. Safety regulation was most closely associated with improved railroad safety during the period when economic regulation curtailed railroads’ incentives to operate safely.
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收藏
页码：371 / 398
页数：27
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