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Railroad deregulation: Pricing reforms, shipper responses, and the effects on labor

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Author Info
James M. MacDonald
Linda Cavalluzzo
Abstract

The Staggers Rail Act of 1980 relaxed restrictions on pricing and eased abandonment procedures in the railroad industry. Although the Act made virtually no reference to labor, its impact on labor has been dramatic. The long-term contraction of industry employment accelerated quite sharply after 1980. Wages increased until 1985, then declined substantially. The authors, whose empirical analysis uses data on aggregate rail employment for the years 1963-90, Current Population Survey data for 1973-88, and evidence from collective bargaining agreements for 1971-90, argue that pricing adjustments under the Staggers Act led to changes in shipper behavior, which in turn allowed for large declines in the derived demand for rail labor despite increasing output; and the observed pattern of wage change followed from the realization of the Act's eventual effects on employment. (Abstract courtesy JSTOR.)

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Publisher Info
Article provided by ILR Review, ILR School, Cornell University in its journal ILR Review.

Volume (Year): 50 (1996)
Issue (Month): 1 (October)
Pages: 80-91
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Handle: RePEc:ilr:articl:v:50:y:1996:i:1:p:80-91

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  1. Kristen Monaco & Taggert J. Brooks & John Bitzan, 2006. "A time series analysis of wages in deregulated industries: A study of motor carriage and rail," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 105-118, May. [Downloadable!] (restricted)
  2. Natália Pimenta Monteiro, 2004. "Regulatory reform and the Portuguese banking labour market: two decades later," NIPE Working Papers 10/2004, NIPE - Universidade do Minho. [Downloadable!]
  3. Benjamin Bridgman & Shi Qi & James A. Schmitz, Jr., 2007. "Does regulation reduce productivity? Evidence from regulation of the U.S. beet-sugar manufacturing industry during the Sugar Acts, 1934-74," Staff Report 389, Federal Reserve Bank of Minneapolis. [Downloadable!]
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  4. Wilson, Wesley W. & Wilson, William W., 1998. "Deregulation And Innovation In Railroad Shipping Of Agricultural Commodities: 1972-1995," AE Series 23090, North Dakota State University, Department of Agribusiness and Applied Economics. [Downloadable!]
  5. Russell Pittman, 2002. "Chinese Railway Reform and Competition: Vertical or Horizontal Restructuring?," Development and Comp Systems 0204004, EconWPA. [Downloadable!]
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