Economic Consequences of OSHA Cotton Dust Regulation: An Income Efficiency Model Approach
Loading...
View/Download File
Persistent link to this item
Statistics
View StatisticsJournal Title
Journal ISSN
Volume Title
Title
Economic Consequences of OSHA Cotton Dust Regulation: An Income Efficiency Model Approach
Published Date
1995
Publisher
Bureau of Business and Economic Research
Type
Working Paper
Abstract
This paper used Data Envelopment Analysis (DEA) to test the economic consequences of the Occupational Health and Safety Administration (OSHA) cotton dust standards by comparing the relative efficiency of firms affected by cotton dust in SIC 2200 and 2300 for the years before and after the Supreme Court upheld the regulation in 1981. Accounting-based inputs of common equity, total assets and production costs were minimized, while total revenue was maximized. Using available Compustat firms, and controlling for the effects of imports for consumption providing for asymmetric cost disadvantages to United States firms, we found that the surviving firms had become more efficient during the postregulatory period as predicted. Apparently, these firms were able to accommodate the dust standard, reduce costs and improve the operating efficiency of tnese firms simultaneously. The results also indicate the usefulness of DEA as an alternative method of testing the economic consequences of a regulation.
Description
The year given (1995) is an estimate.
Related to
Replaces
License
Series/Report Number
Funding information
Isbn identifier
Doi identifier
Previously Published Citation
Suggested citation
Feroz, Ehsan H; Haag, Stephen E; Raab, Raymond L. (1995). Economic Consequences of OSHA Cotton Dust Regulation: An Income Efficiency Model Approach. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/264774.
Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.