Skip to main content
Home / Journal of Transport Economics and Policy (JTEP), Volume 53, Number 3

Free Content Product Market Deregulation's Winners and Losers: US Railroads Between 1981 and 2001

Download Article:
We account for the labour effects around the time of deregulation by investigating a comprehensive data set on US railroads that contain detailed finance, output, employment, and wage information for six different skill groups. We identify the effect of product market strategies and mergers on workers' employment and earnings. Railroads have downsized and they have restructured the composition of their human resources. The majority of employee groups have benefited in terms of compensation. Low-skilled workers, blue-collar workers, and administrative staff are the main losers. The main winners have been managers and locomotive drivers.

Document Type: Research Article

Publication date: July 1, 2019

More about this publication?

  • JTEP is international both in terms of authors and readership. Since it first appeared, more than 1,000 papers have been published from Europe, North America, the Pacific Rim/Australasia, Africa, Asia, and South America. This international variety is also reflected in the readership.

    Published four times a year, the journal covers all modes of transport and a wide variety of economic themes, including: Passenger Transport, Freight Transport, Shipping, Aviation, Transport Infrastructure, Environment & Energy, Traffic, Planning and Policy, Safety, Costs & Pricing, Competition, Evaluation, Productivity, Demand & Elasticities, Service Quality, Economies of Scale, Economics Regulation and Choice.

    A complete indexing and article service is available FREE from 1967 to 2000

  • Editorial Board
  • Submit a Paper
  • Subscribe to this Title
  • Library Recommendation Form
  • About us
  • Ingenta Connect is not responsible for the content or availability of external websites

Share Content

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content