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The purpose of this paper is to add to the empirical literature regarding merger simulation analysis by examining the effect of railroad mergers on railroad market power. This is done by measuring railroad profits and revenue/variable cost ratios corresponding to different degrees of...
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Railroad abandonment has potential negative effects especially in rural areas that rely on railroads for outbound and inbound shipments. The objectives of the study are (1) to develop a model that can measure wheat transport modal ton-mile shifts, (2) measure modal energy use changes, and (3)...
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