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The Historical Contribution of Postal Service to Social Welfare in the United States

In: The Economics of the Postal and Delivery Sector

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  • Edward S. Pearsall

    (Verizon)

Abstract

The research performed for this paper employed historical data to estimate the contribution to social welfare from domestic postal service in the U.S. since 1790. The goal was to discover how this contribution was determined by economic and demographic conditions, by postal pricing, by technology, by regulation and by various initiatives undertaken to alter and extend national service. The method was to fit an econometric model to time series constructed from U.S. historical statistics, and then to use the fitted model to make comparative calculations of welfare, defined as the sum of consumers’ and producers’ surpluses, under selected counter-factual scenarios.

Suggested Citation

  • Edward S. Pearsall, 2022. "The Historical Contribution of Postal Service to Social Welfare in the United States," Topics in Regulatory Economics and Policy, in: Pier Luigi Parcu & Timothy J. Brennan & Victor Glass (ed.), The Economics of the Postal and Delivery Sector, pages 111-132, Springer.
  • Handle: RePEc:spr:topchp:978-3-030-82692-5_8
    DOI: 10.1007/978-3-030-82692-5_8
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