A number of important innovations and events over the last 25 years have reshaped railroad marketing and have led to dramatically lower rates. Many of these innovations have been developed for and used extensively in agricultural markets. In this paper, we document these innovations and examine...

Following the movement toward deregulation of the transportation industry in the late 1970s and early 1980s, the industry experienced a series of mergers. One of the primary claims with regard to merger proposals was that the industry was characterized by significant economies of scale, scope,...

We approach measuring the wage effect of trucking deregulation from a new perspective using time series estimation techniques. The trucking wage is modeled as a function of the manufacturing wage and the relationship between these series is measured over time. We find that the wage premium of...

We examine minibus competition in Hong Kong between two similar types of minibus firms: those that operate green minibuses and those that operate red minibuses. The two types of firms are distinguished by their industrial organizations and by the restrictions placed on their operations by...

This paper re-examines the impact of deregulation and technological change on U.S. motor carrier costs for the period 1976-1987. A truncated, third-order translog cost function, developed by Stevenson (1980) allows us to decompose technological change into three components: input bias, output...

Since the mid-1980s, many authors have investigated the influence of information technology (IT) on productivity. Until recently there has been no clear evidence that productivity increases as a result of IT spending. This productivity paradox is partly due to the difficulty in correctly...