(The following news announcement was issued by the Harvard Business School.)
Research published today in Science sheds light on a hot-button political issue: the role and effectiveness of government regulation. Does it kill jobs or protect the public?
The new study, co-authored by Harvard Business School Professor Michael Toffel, Professor David Levine of the Haas School of Business at the University of California, Berkeley, and Boston University doctoral student Matthew Johnson, examines workplace safety inspections conducted by California’s Division of Occupational Safety and Health (Cal/OSHA). The authors carried out the first evaluation of a “clinical trial” of the state’s mandated randomized inspections to discern their effect on both worker safety and companies’ bottom lines.
The results overturn conventional wisdom: Workplace inspections do reduce on-the-job injuries and their associated costs, and the researchers could not detect any harm to companies’