In anticipation of the air transportation regulatory reform act, this paper assesses the consequences of deregulating the airline industry. Particular attention is devoted to the impact of deregulation on air fares, travel demand, and flight frequency for relatively short feeder routes...

This paper's objective is to analyze the etiology of the crisis confronting the farm sector and its creditors. It draws on data for the period 1950 to 1984 to argue that: (1) rising productivity of farm assets led to large increases in asset values during the 1950s, 1960s, and 1970s; (2) rising...