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A summary is given of research evaluating the economic effects of existing and prospective federal policies governing intercity and international freight and passenger transportation enterprises in the economy of the United States. The analysis encompasses all modes of transportation, including...
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For the past several years, we have presented and published studies based on postal related data, from postmaster cash books and the Official Register, where we use postmaster salary data as a measure of local, highly disaggregate proxies for general economic activity at town and village level....
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This paper assesses the impact of the September 11th terrorist attacks and its after-effects on U.S. airline demand. Using monthly time-series data from 1986-2003, we find that September 11th resulted in both a negative transitory shock of over 30% and an ongoing negative demand shock amounting...
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This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …
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