THE REGULATED INDUSTRIES AND THE ECONOMY

Traces the spread of regulation and assesses the impact of the control process on the regulated industries and the American economy as a whole. Examines the operation of price and entry regulation, particularly during the 1960's and 70's; analyzes the new health and environmental controls legislated in the late 1960's (i.e., the Occupational Safety and Health Administration (OSHA), the National Highway Traffic Safety Administration (NHTSA), and the Environmental Protection Agency (EPA); and considers the potential for regulatory reform. Finds that regulation has reduced both the quality and quantity of output in the most affected industries and in the general economy, and suggests that reform and deregulation could improve performance. Concludes, however, that significant changes in regulation are unlikely in the 1980's.

  • Corporate Authors:

    Norton (WW) and Company, Incorporated

    500 Fifth Avenue
    New York, NY  United States  10036
  • Authors:
    • MacAvoy, P W
  • Publication Date: 1979

Media Info

  • Pagination: 160 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00316270
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 16 1980 12:00AM