An Empirical Examination of Market Access
This report examines the firm decisions to enter markets under conditions of joint production and entry regulation. When firms provide capacity to one market they necessarily provide capacity to additional markets. To utilize capacity, firms must incur access costs. Access costs vary across firms, and low-cost firms earn profits. Entry regulation restricts access to markets that otherwise would receive service resulting in unused capacity and artificial rents. In the empirical application, the authors observe truckers with and without operating authority and find firm regulatory status and other firm attributes dramatically influence firm decisions to access markets resulting in unused capacity and profits.
- Record URL:
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Corporate Authors:
Upper Great Plains Transportation Institute
North Dakota State University
1320 Albrecht Boulevard
Fargo, ND United States 581052 -
Authors:
- Wilson, Wesley W
- Dooley, Frank J
- Publication Date: 1991-6
Language
- English
Media Info
- Media Type: Digital/other
- Features: Figures; References; Tables;
- Pagination: 29p
Subject/Index Terms
- TRT Terms: Access; Markets; Motor carriers; Regulation; Trucking
- Subject Areas: Economics; Freight Transportation; Motor Carriers;
Filing Info
- Accession Number: 01848108
- Record Type: Publication
- Report/Paper Numbers: UGPTI Staff Paper No. 106, SP-106
- Files: TRIS
- Created Date: Jun 7 2022 11:04AM