COST EFFICIENCY IN THE US MOTOR CARRIER INDUSTRY BEFORE AND AFTER DEREGULATION. A STOCHASTIC FRONTIER APPROACH

US motor carriers were not operating on their production frontier either before or after the Motor Carrier Act of 1980. This sugge that it is inappropriate to estimate cost functions that assume c minimisation for this industry. Unionisation was found to be the most important determinant of inefficiency in both periods, with negative impact being stronger in the deregulated industry. (A)

  • Availability:
  • Corporate Authors:

    University of Bath

    Claverton Down
    Bath, Avon  United Kingdom  BA2 7AY
  • Authors:
    • McMullen, B S
    • Lee, M-K
  • Publication Date: 1999-9

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00779546
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD,
  • Created Date: Dec 7 2000 12:00AM