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Wage Differentials of Intermodal Transportation Carriers and Ports: Deregulation Versus Regulation

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  • Talley Wayne K.

    (The Maritime Institute, Department of Economics, Old Dominion University Norfolk)

Abstract

This paper investigates the wage differentials of intermodal transportation carriers and ports under carrier economic regulation and deregulation. The estimation results suggest that the union wages of truck drivers, rail engineers and port dockworkers were comparable in the regulation period; in the deregulation period the union wages of truck drivers and rail engineers declined relative to those of dockworkers. The wage differential estimates indicate negative union hourly wage gaps for truck drivers and rail engineers of 22.7% and 6.9%, respectively, versus dockworkers. These results reflect the increase (decrease) in the relative bargaining power of dockworkers (truck drivers and rail engineers) in the deregulation period.

Suggested Citation

  • Talley Wayne K., 2004. "Wage Differentials of Intermodal Transportation Carriers and Ports: Deregulation Versus Regulation," Review of Network Economics, De Gruyter, vol. 3(2), pages 1-21, June.
    • Handle: RePEc:bpj:rneart:v:3:y:2004:i:2:n:8
    DOI: 10.2202/1446-9022.1051
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    Cited by:

    1. Maloni, Michael J. & Jackson, Eric C., 2007. "Stakeholder Contributions to Container Port Capacity: A Survey of Port Authorities," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(1).
    2. Peoples, James & Talley, Wayne K., 2007. "Earnings Differentials of Railroad Managers and Labor," Research in Transportation Economics, Elsevier, vol. 20(1), pages 259-281, January.
    3. Kawaguchi, Akira & Mizuno, Keizo, 2011. "Deregulation and labour earnings: Three motor carrier industries in Japan," Labour Economics, Elsevier, vol. 18(4), pages 441-452, August.
    4. Peoples, James & Talley, Wayne K. & Thanabordeekij, Pithoon, 2006. "Shipping Deregulation's Wage Effect on Low and High Wage Dockworkers," Research in Transportation Economics, Elsevier, vol. 16(1), pages 219-249, January.
    5. Heaver, Trevor, 2006. "The Evolution and Challenges of Port Economics," Research in Transportation Economics, Elsevier, vol. 16(1), pages 11-41, January.

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