Market Choice, Entry Regulation and Joint Production

Firms can jointly serve multiple markets in a set and can serve one of several mutually exclusive sets. Firms choose the set and the particular markets of the set in which to produce. Entry regulation influences these decisions by restricting access to some but not all markets. Entry restrictions directly affect the regulated market but also spill over to other markets in the same and different sets of markets. Using a discrete choice model with market and firm attributes, the author estimates market service decisions to evaluate the effects of Interstate Commerce Commission entry regulation and firm attributes on motor carrier decisions to serve particular markets.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: 38p

Subject/Index Terms

Filing Info

  • Accession Number: 01842809
  • Record Type: Publication
  • Report/Paper Numbers: UGPTI Staff Paper No. 81
  • Files: TRIS
  • Created Date: Apr 20 2022 11:41AM