Date of Original Version

1982

Type

Article

Abstract or Description

The cost of government regulation of the automobile has been the subject of heated controversy since its inception in the mid- 1960's. Much of this controversy has centered on the costs and benefits of individual regulations, but there has been little attention paid to the overall effect of emissions and safety regulation. In this paper, we attempt to measure the effect of these regulatory policies upon the consumer cost of owning and operating an automobile.

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Published In

The American Economic Review, 72, 2, 324-327.