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Research Reports |
| Title: | Dominant Mode Price Leadership in Grain Transportation |
| Authors: | William Wilson, Gene Griffin, Won Koo, and Wesley Wilson |
| Publication Date: | Jul 1984 |
| Report #: | SP-66 |
| TRID #: | 01844260 |
| Keywords: | competition, econometric models, grain, prices, railroad transportation, trucking |
| Type: | Research Report – Staff Papers |
The theory of dominant firm price leadership is used to explain price and output behavior and equilibrium in rail and truck grain transportation. A very important factor explaining intermodal competition is the slope of the supply function of the competitive fringe, the truck mode. An econometric model was specified and estimated in the case of eastbound wheat shipments from North Dakota.
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