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Railroads, Freight, and Public Policy

Theodore E. Keeler

出版	Brookings Institution, 1983
主題	Transportation / Railroads / General
ISBN	08157485669780815748564
URL	http://books.google.com.hk/books?id=ebIovAEACAAJ&hl=&source=gbs_api

註釋

In this economic analysis of rail freight transportation with emphasis on public policy, Keeler reviews the history of rail regulation, which is based on medieval laws of common carriage, before comparing the economic theories that have evolved to explain government policy toward the industry. He analyzes the economic effects of regulation on the railroads -- rates charged shippers, abandonment of service, entry of firms, taxation and subsidization, mergers and antitrust laws, labor policies, scale economies and competition. Although it is too early to assess the long-term effects of the 1980 regulatory reforms, he provides some preliminary evidence on their immediate effects, predicts their probable future course and recommends appropriate changes. ISBN 0-8157-4856-6 : $24.95; ISBN 0-8157-4855-8 : $9.95 (pbk.).