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Evaluates the market structure, conduct and performance of railroad industry in the U.S. under regulated and deregulated periods from 1971 to 1984. Demand and supply of rail services; Decline in the number of railroad firms and railroad miles; State of revenue per ton-mile and investment per...
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Comments on a study which used a generalized Leontief cost model to test the asset fixity hypothesis for agriculture in the United States. List of the major assumptions of the Chambers and Vasavada model; Criticism on the definition of fixed assets and fixed input and output ratios; Discussion...
Persistent link: https://www.econbiz.de/10005155013
This paper was published in the September 1988 issue of this journal. In that paper, data from the railroad firms which emerged with one of the 24 surviving firms were aggregated wit the data from the surviving firm. Unfortunately, data from some merging firms were omitted from the analysis....
Persistent link: https://www.econbiz.de/10005087953