Economies of Traffic Density in the Rail Freight Industry
The extent of economies of traffic density in the rail freight industry is a matter of critical importance with respect to public investment in and the financial viability of the United States rail system. Certain inadequacies of previous studies of rail costs are reviewed and methodological modific...
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| Published in | The Bell journal of economics Vol. 8; no. 2; pp. 556 - 564 |
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| Main Author | |
| Format | Journal Article |
| Language | English |
| Published |
The RAND Corporation
01.10.1977
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| Series | Bell Journal of Economics |
| Online Access | Get more information |
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| Summary: | The extent of economies of traffic density in the rail freight industry is a matter of critical importance with respect to public investment in and the financial viability of the United States rail system. Certain inadequacies of previous studies of rail costs are reviewed and methodological modifications proposed. The results of an econometric analysis which incorporates these revisions are presented. The evidence strongly supports the hypothesis that significant economies of density exist, and that many of the light-density lines which comprise 40 percent of the rail system should be eliminated. |
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| ISSN: | 0361-915X 2326-3032 |
| DOI: | 10.2307/3003304 |