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Author: Thomas Gale Moore
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 0
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Book Description
Author: Thomas Gale Moore
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 0
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Book Description
Author: Peter J. Turnbull
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 9
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Author: B Starr McMullen
Publisher: Elsevier
ISBN: 0080545513
Category : Transportation
Languages : en
Pages : 161
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Book Description
Several of the papers in this volume are concerned with assessing both the timing and the impacts of deregulation and regulatory reform in the US transportation sector. Of increasing interest is the importance of productivity growth and the role played by new technologies in a more competitive market environment. Four of the papers in this volume deal directly with these issues in the context of motor carriers and railroads, two sectors which have been operating under substantially reduced regulatory constraints for the past twenty years in the US. Although the financial condition of US railroads has improved since 1980, there is still some concern regarding their long run viability as private enterprises. Accordingly, one of the papers considers the potential for further reductions in railroad costs through transcontinental mergers, a controversial issue due to the small number of railroads that remain in the industry.
Author: Sam Peltzman
Publisher: Rowman & Littlefield
ISBN: 9780815713418
Category : Business & Economics
Languages : en
Pages : 228
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Book Description
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.
Author: John Bitzan
Publisher: Academic Press
ISBN: 0128126213
Category : Social Science
Languages : en
Pages : 380
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Book Description
Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today’s important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today’s important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market’s role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. Examines transportation policy developments across a variety of modes, including some international analysis Shows how new policy changes, such as changes in regulation, affect overall transportation system performance Features chapters that use innovative methodologies, such as Bayesian techniques, qualitative analysis, and an attribute-incorporated Malmquist productivity index Examines the ways that policy impacts depend on a variety of factors, and shows how economic tools can be used to gain greater insights into the likely impacts of policy and the desirability of various policies Analyzes transport prices, quality of service, safety, the use of information technology and operating issues, highlighting how transportation enhances quality of life
Author: J. McConville
Publisher: A&C Black
ISBN: 9781855673861
Category : Transportation
Languages : en
Pages : 200
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Book Description
Transport has become a major concern on both social and economic grounds in the late-twentieth century. This concern arises from a perception of the industry's failure to respond to the rapid growth in demand and to the threat of congestion and environmental pollution. A solution has been sought in economic policies dominated by ideas of liberalization and deregulation.
Author: Steven Morrison
Publisher: Brookings Institution Press
ISBN: 9780815708063
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.
Author: Clifford Winston
Publisher: Brookings Institution Press
ISBN: 0815714386
Category : Business & Economics
Languages : en
Pages : 80
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Book Description
For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.
Author: Bill Bradshaw
Publisher: Palgrave Macmillan
ISBN: 9780312232733
Category : Business & Economics
Languages : en
Pages : 439
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Book Description
02 This book is based on a seminar held at Oxford University in September 1997. It took place following the election of the first Labour government for 17 years and following the announcement of the consultation process leading up the publication of a Transport White Paper. The seminar sought to address the somewhat contradictory situation of a government of the left inheriting a transport industry largely privatized and deregulated, but unwilling to commit itself either to the expense of re-nationalization or to finding the large sums of money needed for investment in public infrastructure and facilities. The debate reflects views on the legacy of the previous administration and on the challenges facing the new government. The chapters contain a mix of expert academic, regulatory body and industry viewpoints on bus, freight, airline and train industries. Most, but not all, start from an economic regulation perspective. This book is based on a seminar held at Oxford University in September 1997. It took place following the election of the first Labour government for 17 years and following the announcement of the consultation process leading up the publication of a Transport White Paper. The seminar sought to address the somewhat contradictory situation of a government of the left inheriting a transport industry largely privatized and deregulated, but unwilling to commit itself either to the expense of re-nationalization or to finding the large sums of money needed for investment in public infrastructure and facilities. The debate reflects views on the legacy of the previous administration and on the challenges facing the new government. The chapters contain a mix of expert academic, regulatory body and industry viewpoints on bus, freight, airline and train industries. Most, but not all, start from an economic regulation perspective.
Author: Paul Eric Teske
Publisher: American Enterprise Institute
ISBN: 9780844738963
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
This book examines the effects of government intervention on the operations of the freight transportation industry.
