MPC Research Reports
Filter by Author
2 report(s) found for Wes Wilson
1 - 2 of 2
Partial deregulation of the railroad industry substantially eased regulatory impediments to consolidation. Since partial deregulation, there has been a massive consolidation of firms in the railroad industry, which has been premised on efficiency gains, network rationalization, and service quality. In...
The goal of this research is to estimate productivity gains and cost savings in the railroad industry since 1978. Further, prior work was extended by separating output and size variables into measures of high and low density output and miles of track. For purposes of comparison, a translog cost function...