Abstract
The Staggers Act of 1980 largely ended almost a century of US government regulation of railroads. This paper presents evidence that deregulation has had a positive impact on the economy. Specifically, deregulation has generated approximately $15 billion worth of annual efficiency gains, contrary to the relatively modest gains estimated previously. In performing the analysis the paper examines several aspects of railroad deregulation, and uses a reduced form econometric model to measure the effect of deregulation on rail rates. -Authors
| Original language | English (US) |
|---|---|
| Pages (from-to) | 21-36 |
| Number of pages | 16 |
| Journal | International Journal of Transport Economics |
| Volume | 17 |
| Issue number | 1 |
| State | Published - Jan 1 1990 |
All Science Journal Classification (ASJC) codes
- Geography, Planning and Development
- Transportation