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Collusive Investments in Technological Compatibility : Lessons from U.S. Railroads in the Late 19th Century

Gross, Daniel P. - 2019

converted 13,000 miles of railroad track to standard gauge over the course of two days in 1886, integrating the South into the …

Persistent link: https://www.econbiz.de/10012480205

Railroads of the Raj : Estimating the Impact of Transportation Infrastructure

Donaldson, Dave - 2010

railroad network. Guided by four predictions from a general equilibrium trade model, I find that railroads: (1) decreased trade …

Persistent link: https://www.econbiz.de/10012462170

Agricultural Improvements and Access to Rail Transportation : The American Midwest as a Test Case, 1850-1860

Atack, Jeremy - 2009

quarter (and possibly two-thirds or more) of this increase can be linked directly to the coming of the railroad to the region …

Persistent link: https://www.econbiz.de/10012463129

Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60

Atack, Jeremy - 2009

For generations of scholars and observers, the "transportation revolution," especially the railroad, has loomed large … differences estimates (supported by IV robustness checks) strongly suggest that the coming of the railroad had little or no impact … upon population densities just as Albert Fishlow concluded some 40 years ago. BUT, our results also imply that the railroad …

Persistent link: https://www.econbiz.de/10012464009

Railroads and Local Economic Development : The United States in the 1850s

Haines, Michael R. - 2006

railroad. Previous studies have found that rail access was positively correlated with the value of agricultural land at a point …

Persistent link: https://www.econbiz.de/10012466284

Technological Revolutions and Stock Prices

Pastor, Lubos - 2005

fast adoption. We find empirical support for the model's predictions in 1830-1861 and 1992-2005 when the railroad and …

Persistent link: https://www.econbiz.de/10012466795

Rail Reform Strategies : The Australian Experience

Owens, Helen - 2003

Widely different approaches to rail reform are evident across countries and within Australia. Reforms have involved structural separation (both vertical and horizontal) and varying degrees of private sector involvement. Evidence from Australian experience suggests that no one size fits all. The...

Persistent link: https://www.econbiz.de/10012469107

Mergers, Deregulation and Cost Savings in the U.S. Rail Industry

Berndt, Ernst R. - 1991

The success of deregulation in creating a viable private rail freight system in the ?U.S. since 1979 is relatively undisputed. Deregulation has proceeded in three ways: (i) eased rate setting restrictions; (ii) simplified merger applications and approval procedures; and (iii) relaxed route...

Persistent link: https://www.econbiz.de/10012475256

The External Costs of Transporting Petroleum Products by Pipelines and Rail : Evidence From Shipments of Crude Oil from North Dakota

Clay, Karen - 2017

This paper constructs new estimates of the air pollution and greenhouse gas costs from long-distance movement of petroleum products by rail and pipelines. While crude oil transportation has generated intense policy debate about rail and pipeline spills and accidents, important externalities -...

Persistent link: https://www.econbiz.de/10012453859

Did Railroads Make Antebellum U.S. Banks More Sound?

Atack, Jeremy - 2014

We investigate the relationships of bank failures and balance sheet conditions with measures of proximity to different forms of transportation in the United States over the period from 1830-1860. A series of hazard models and bank-level regressions indicate a systematic relationship between...

Persistent link: https://www.econbiz.de/10012458632