ANALYSIS OF THE DEREGULATION OF THE US TRUCKING INDUSTRY - A PROFIT FUNCTION-APPROACH

Citation
B. Adrangi et al., ANALYSIS OF THE DEREGULATION OF THE US TRUCKING INDUSTRY - A PROFIT FUNCTION-APPROACH, Journal of transport economics and policy, 29(3), 1995, pp. 233
Citations number
28
Categorie Soggetti
Transportation,Economics
ISSN journal
00225258
Volume
29
Issue
3
Year of publication
1995
Database
ISI
SICI code
0022-5258(1995)29:3<233:AOTDOT>2.0.ZU;2-5
Abstract
The deregulation of the trucking industry in the US began in 1978 and was completed in 1980. This study tests for economies of scale and pro ductive efficiency in the trucking industry. Results indicate constant returns to scale in the trucking industry for both the pre- and postd eregulation periods. The policy implication of this finding is that ga ins from mergers are likely to be moderate.