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Cost Allocation in Railroad Regulation

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  • Zvi Griliches

Abstract

This paper reviews a number of cost studies conducted by the Cost Finding Section of the ICC purporting to show that the elasticity of total railroad costs with respect to output (percent variable) is 0.8.

Suggested Citation

  • Zvi Griliches, 1972. "Cost Allocation in Railroad Regulation," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 26-41, Spring.
  • Handle: RePEc:rje:bellje:v:3:y:1972:i:spring:p:26-41
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    Cited by:

    1. Kilmer, Richard L. & Tilley, Daniel S., 1979. "A Variance Component Approach To Industry Cost Analysis," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 11(02), December.
    2. Waters II, William G., 2007. "Evolution of Railroad Economics," Research in Transportation Economics, Elsevier, vol. 20(1), pages 11-67, January.
    3. Soltwedel, Rüdiger & Busch, Axel & Groß, Alexander & Laaser, Claus-Friedrich, 1987. "Zur staatlichen Marktregulierung in der Bundesrepublik," Open Access Publications from Kiel Institute for the World Economy 1085, Kiel Institute for the World Economy (IfW).
    4. Mirucki, Jean, 1980. "Vérification des conditions d'efficacité dans la production chez Bell Canada
      [Checking the conditions of efficient production in Bell Canada]
      ," MPRA Paper 30147, University Library of Munich, Germany, revised Jun 1980.
    5. Mirucki, Jean, 1980. "Comportement de l'entreprise réglementée: étude de l'hypothèse Averch-Johnson
      [Behavior of the Regulated Firm: A Study of the Averch-Johnson Hypothesis]
      ," MPRA Paper 27669, University Library of Munich, Germany, revised 1982.
    6. Ivaldi, Marc & McCullough, Gerard, 2007. "Railroad Pricing and Revenue-to-Cost Margins in the Post-Staggers Era," Research in Transportation Economics, Elsevier, vol. 20(1), pages 153-178, January.
    7. Andersson, Mats, 2007. "Fixed Effects Estimation of Marginal Railway Infrastructure Costs in Sweden," Working Papers 2007:11, Swedish National Road & Transport Research Institute (VTI).
    8. Bitzan, John D & Keeler, Theodore E, 2007. "Economies of Density and Regulatory Change in the U.S. Railroad Freight Industry," Journal of Law and Economics, University of Chicago Press, vol. 50(1), pages 157-179, February.
    9. Andersson, Mats, 2006. "Marginal railway infrastructure cost estimates in the presence of unobserved effects," Working Papers 2006:6, Swedish National Road & Transport Research Institute (VTI).

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