Productivity at the Post: its Drivers and its Distribution
AbstractWe study the economic, financial and distributional performance of the United States Postal Service subsequent to its 1971 reorganization. We investigate the economic sources of productivity change, (technical change, change in cost efficiency, and scale economies), and the distribution of the financial benefits of productivity change (consumers of postal services, postal employees and other resource suppliers, and residual claimants). We find improvements in technology to have been the main driver of, and diseconomies of scale to have been the main drag on, productivity change. We find labor to have been the main beneficiary, and the US Treasury and consumers of postal services the main losers, from postal reorganization.
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Bibliographic InfoPaper provided by Barcelona Graduate School of Economics in its series Working Papers with number 169.
Date of creation: May 2005
Date of revision:
Productivity; profit; distribution; postal service;
Other versions of this item:
- E. Grifell-Tatjé & C. Lovell, 2008. "Productivity at the post: its drivers and its distribution," Journal of Regulatory Economics, Springer, vol. 33(2), pages 133-158, April.
- E. Grifell-Tatje & C. A. K. Lovell, 2006. "Productivity at the Post: its Drivers and its Distribution," CEPA Working Papers Series WP022006, School of Economics, University of Queensland, Australia.
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- D33 - Microeconomics - - Distribution - - - Factor Income Distribution
- L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
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