Langlois, Richard N.; Denault, David J.; Kimenyi, Samson M. - Department of Economics, University of Connecticut - 1994
Using newly constructed data series on explosions, deaths, and steamboat traffic, we examine econometrically the causes of increased safety in steamboat boilers in the nineteenth century. Although the law of 1852 (but not that of 1838) did have a dramatic initial effect in reducing explosions,...
