Economic Effects of Coal Mine Safety Regulation -An Empirical Study of the Impact on Workers and Business Behavior in China
This paper initially constructs a model between coal mine safety regulation and the responding behavior of workers and business. Through the model, it analyzes the trade-offs between safety-and market-oriented products, and reveals the inhibitory effect of safety regulation on production efficiency of the industry. It puts forward and gives the definitions of dominant moral hazard and partial moral hazard respectively. On this basis, the paper conducts an empirical study of the effects of Chinas coal mine safety regulation on workers and business behavior. The results show that Chinas coal mine safety regulation actually reduces the efficiency of coal production, consistent with the theoretical reasoning and proposition that there exist obvious partial moral hazard problems in coal mine safety regulation, which should arouse the attention of the parties concerned.Finally, it makes concluding remarks and puts forward some points for further exploration.
coal mine safety regulation regulation effectiveness adverse behavior moral hazard two-stage least squares
XIAO Xingzhi HAN Chao LI Shu
Center for Industrial & Business Organization, Dongbei University of Finance & Economics, P.R.China, 116025
国际会议
威海
英文
230-246
2010-07-24(万方平台首次上网日期,不代表论文的发表时间)