The efficiency effects of railroad deregulation in the United States

C. C. Barnekov, A. N. Kleit

Research output: Contribution to journalArticle

18 Scopus citations

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 languageEnglish (US)
Pages (from-to)21-36
Number of pages16
JournalInternational Journal of Transport Economics
Volume17
Issue number1
Publication statusPublished - Jan 1 1990

    Fingerprint

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Transportation

Cite this