Structural change in the U.S. freight railroad industry as a result of the Staggers Rail Act of 1980

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dc.contributor.authorBrennan, Williamen
dc.contributor.committeechairMeiselman, David I.en
dc.contributor.committeememberWentzler, Nancy A.en
dc.contributor.committeememberPorter, William R.en
dc.contributor.departmentEconomicsen
dc.date.accessioned2014-03-14T21:40:22Zen
dc.date.adate2009-07-11en
dc.date.available2014-03-14T21:40:22Zen
dc.date.issued1995-09-05en
dc.date.rdate2009-09-13en
dc.date.sdate2009-07-11en
dc.description.abstractMany observers feel that the Staggers Rail Act of 1980 is responsible for a "renaissance" in the U.S. freight railroad industry. Prior to the passage of the Staggers Act, railroads had to petition for government approval for nearly every business decision. The ability of the railroad industry to enter and exit certain lines of business was strictly controlled, as was the ability of the industry to rationalize their physical plant. The Staggers Act removed most, but not all, of these regulatory restrictions. But this is the popular perception correct? By using a F test to compare a series of regressions, this thesis argues that Staggers did produce a structural change in the industry. Moreover, this thesis asserts that the changes noted in the results are consistent with the view that deregulation has been a success - that the industry is more efficient and that the benefits of deregulation have been shared between the railroads and the public.en
dc.description.degreeMaster of Artsen
dc.format.extentiii, 57 leavesen
dc.format.mediumBTDen
dc.format.mimetypeapplication/pdfen
dc.identifier.otheretd-07112009-040554en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-07112009-040554/en
dc.identifier.urihttp://hdl.handle.net/10919/43699en
dc.language.isoenen
dc.publisherVirginia Techen
dc.relation.haspartLD5655.V855_1995.B746.pdfen
dc.relation.isformatofOCLC# 34264723en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectregulatory restrictionsen
dc.subjectderegulationen
dc.subject.lccLD5655.V855 1995.B746en
dc.titleStructural change in the U.S. freight railroad industry as a result of the Staggers Rail Act of 1980en
dc.typeThesisen
dc.type.dcmitypeTexten
thesis.degree.disciplineEconomicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameMaster of Artsen

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