A re-examination of four decades’ deregulation effect on competition and productivity of the US freight rail transportation industry
Seungjae Shin
Abstract:PurposeThe purpose of this study is to compare the competition and productivity of the US freight rail transportation industry for the past 41 years (1980 ∼ 2020), which consists of the two periods, before and after the abolishment of the Interstate Commerce Commission (ICC) in 1995.Design/methodology/approachThis study investigates any relationships between the market concentration index values and labor productivity values in the separate two periods, and how the existence of a regulatory body in the freight… Show more
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