Published February 1984
| Published
Journal Article
Open
The Regulation of Surface Freight Transportation: The Welfare Effects Revisited
- Creators
- Braeutigam, Ronald R.
- Noll, Roger G.
Abstract
This paper reexamines a much-studied topic, the effects of surface freight regulation. It demonstrates that several studies use invalid methods to estimate the welfare costs of rate regulation, develops a correct procedure, and provides estimates of the welfare effects using data and modal market share relationships estimated by Boyer. The paper also analyzes some implications of the common assumption that the demand for total freight shipments by all modes is perfectly inelastic.
Additional Information
© 1984 by the President and Fellows of Harvard College. Received for publication November 21, 1981. Revision accepted for publication March 23, 1983. The work reported here was supported by the Caltech Environmental Quality Laboratory. The authors would like to thank P. M. Scherer and E. Shin for helpful comments. Formerly SSWP 375.Attached Files
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Additional details
- Eprint ID
- 83275
- Resolver ID
- CaltechAUTHORS:20171116-170827447
- Environmental Quality Laboratory
- Created
-
2017-11-17Created from EPrint's datestamp field
- Updated
-
2021-11-15Created from EPrint's last_modified field
- Caltech groups
- Environmental Quality Laboratory