Occupational licensing in a "competitive" labor market: The case of cosmetology

被引:18
作者
Adams, AF [1 ]
Jackson, JD
Ekelund, RB
机构
[1] Kennesaw State Univ, Kennesaw, GA 30144 USA
[2] Auburn Univ, Auburn, AL 36849 USA
关键词
D O I
10.1007/s12122-002-1006-6
中图分类号
F24 [劳动经济];
学科分类号
020106 ; 020207 ; 1202 ; 120202 ;
摘要
A straightforward model of supply and demand is developed to analyze the regulation of a "competitive" industry - cosmetology - with demand shifts representing an enhancement of "quality" and supply shifts representing restricted entry. Reduced-form models are established to estimate both price and quantity shifts, adjusted for the joint determination of cosmetological prices, quantities, and state regulations. Our results reveal a significant net decrease in quantity from the imposition of state occupational regulation in the cosmetology market. Rents to cosmetologists would be on,the order of $1.7 billion per year with deadweight losses totaling an additional $111 million per annum under reasonable and conservative assumptions.
引用
收藏
页码:261 / 278
页数:18
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