The efficiency effects of railroad deregulation in the United States

C. C. Barnekov; A. N. Kleit

The efficiency effects of railroad deregulation in the United States

C. C. Barnekov, A. N. Kleit

John and Willie Leone Department of Energy & Mineral Engineering (EME)

Research output: Contribution to journal › Article › peer-review

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 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

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