THE INCIDENCE AND REGULATION OF PLANT SHUTDOWNS*

This paper analyzes the proposed plant closing legislation, together with other complementary approaches to the orderly regulation of private capital disinvestment, especially as it occurs in the form of large-scale plant or store shutdowns. The authors also provide a review of the recent data on the incidence and employment impact of shutdowns during the 1970's, in particular industries, by region and by form of ownership.