The Impacts of Deregulation on Railroad Labor Report as inadecuate




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This study examines the impacts that railroad and trucking deregulation had on rail laborearnings and employment. Although the impacts that deregulation has had on pricing. service,profits, and productivity are fairly well understood, its impacts on rail wages and employmenthave not been well understood. In examining the impacts of deregulation on rail labor earning ,the study finds that the real earnings of operating employees in the rail industry, which weresteadily declining prior to deregulation, have steadily increased following deregulation.Similarly, the earnings premiums of rail operating employees over similar employees inmanufacturing have also increased at a steady rate following deregulation. These results are notsurprising in light of the fact that railroad profits and productivity have also increased steadilysince deregulation. In examining the impacts of deregulation on employment, the study find asharp decline in operating employment as a result of deregulation, and a considerable increase inthe productivity of labor.

Subject(s): Industrial Organization

Labor and Human Capital

Issue Date: 1997-08

Publication Type: Report

PURL Identifier: http://purl.umn.edu/231800

Total Pages: 62

Series Statement: MPC Report

97-78

Record appears in: North Dakota State University > Upper Great Plains Transportation Institute > MPC Reports





Author: Bitzan, John D.

Source: http://ageconsearch.umn.edu/record/231800?ln=en



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