The Economic Effects of Surface Freight Deregulation - Couverture rigide

Winston, Clifford; Corsi, Thomas M.; Grimm, Curtis M.; Evans, Carol A.

Couverture rigide

ISBN 10 : 0815794681 ISBN 13 : 9780815794684

Editeur : Brookings Institution, 1990

Synopsis

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.

A propos du livre

À propos de l'auteur

Clifford Winston is a senior fellow in Economic Studies at the Brookings Institution. Among his previous books are Deregulation of Network Industries: What's Next? coedited with Sam Peltzman (AEI-Brookings, 2000), and Alternate Route

Détails de l'édition

• Éditeur: Brookings Institution
• Date d'édition: 1990
• Langue: anglais
• ISBN 10: 0815794681
• ISBN 13: 9780815794684
• Reliure: Relié
• Nombre de pages: 79
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible