RAILROAD COST CONDITIONS - IMPLICATIONS FOR POLICY

This report includes a simplified framework for examining the welfare implications of railroad mergers and competition. It examines the cost implications of mergers and competition over existing rail lines by testing for the condition of cost subadditivity. This condition is examined directly by simulating single-firm and two-firm costs under various output combinations, using output-cost relationships estimated from a statistical cost function.

• Record URL:
  http://www.fra.dot.gov/eLib/Details/L03018
• Record URL:
  https://www.ugpti.org/resources/reports/details.php?id=375
• 
• Record URL:
  https://rosap.ntl.bts.gov/view/dot/15070
• Corporate Authors:

  Upper Great Plains Transportation Institute

  North Dakota State University
  1320 Albrecht Boulevard
  Fargo, ND  United States  581052

  Federal Railroad Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Bitzan, John
• Publication Date: 2000-5-10

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: 177 p.

Subject/Index Terms

• TRT Terms: Competition; Cost of service pricing; Mergers and acquisitions; Railroads; Social benefits; Welfare economics
• Subject Areas: Administration and Management; Economics; Railroads;

Filing Info

• Accession Number: 00797545
• Record Type: Publication
• Report/Paper Numbers: UGPTI Publication No. 137
• Files: NTL, TRIS, USDOT
• Created Date: Aug 28 2000 12:00AM