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Wage Differentials of Transportation Industries: Deregulation versus Regulation

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  • Talley, Wayne K

Abstract

This article investigates the wage differentials of similar occupations in three for-hire transportation carrier industries, railroad, truck, and motor bus, under regulation and deregulation. The estimation results indicate that the union wage gaps among all occupations have widened under deregulation. Specifically, the union wages of railroad occupations have increased relative to those of truck drivers and the union wages of truck drivers have increased relative to those of motor bus drivers. Further, wage gaps for all occupations for this period are greater among nonunion than among union workers. Copyright 2001 by Oxford University Press.

Suggested Citation

  • Talley, Wayne K, 2001. "Wage Differentials of Transportation Industries: Deregulation versus Regulation," Economic Inquiry, Western Economic Association International, vol. 39(3), pages 406-429, July.
    • Handle: RePEc:oup:ecinqu:v:39:y:2001:i:3:p:406-29
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    Cited by:

    1. Lea, Stephen E.G. & Webley, Paul, 2005. "In search of the economic self," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 34(5), pages 585-604, October.
    2. David E. Davis & Wesley W. Wilson, 2003. "Wages in Rail Markets: Deregulation, Mergers, and Changing Networks Characteristics," Southern Economic Journal, John Wiley & Sons, vol. 69(4), pages 865-885, April.
    3. Peoples, James & Talley, Wayne K, 2004. "9. Owner-Operator Truck Driver Earnings And Employment: Port Cities And Deregulation," Research in Transportation Economics, Elsevier, vol. 10(1), pages 191-213, January.
    4. Natália Pimenta Monteiro, 2004. "Regulatory reform and the Portuguese banking labour market: two decades later," NIPE Working Papers 10/2004, NIPE - Universidade do Minho.
    5. 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.
    6. 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.
    7. Guido Friebel & Gerard McCullough & Laura Padilla, 2016. "Product Market Deregulation's Winners and Losers: US Railroads between 1981 and 2001," Working Papers 2016-005, Universidad Loyola Andalucía, Department of Economics.

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