G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3841
来源IDWorking Paper 3841
Rail Costs and Capital Adjustments in a Quasi-Regulated Environment
Ann F. Friedlaender; Ernst R. Berndt; Judy Shaw-Er Wang Chiang; Mark Showalter; Christopher A. Vellturo
发表日期1991-09-01
出版年1991
语种英语
摘要This paper reports on results obtained from the estimation of a rail cost function using a pooled-time series, cross section of Class I railroads for the period 1974-1986. An analysis is performed of short-run and long-run returns to scale, the extent of capital disequilibrium, and adjustments to way and structures capital in the heavily regulated and quasi-regulated environments before and after the passage of the Staggers Act in 1980. In general, it is found that there is considerable overcapitalization in the rail industry and that this has persisted in spite of the regulatory freedom provided by the Staggers Act.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Industry Studies
URLhttps://www.nber.org/papers/w3841
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561170
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GB/T 7714
Ann F. Friedlaender,Ernst R. Berndt,Judy Shaw-Er Wang Chiang,et al. Rail Costs and Capital Adjustments in a Quasi-Regulated Environment. 1991.
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