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| Fulton, Murray E.; Gray, Richard S.. |
| Grain transportation is one of the most important economic issues for grain producers in the Northern Plains. The reliance on export markets and the long distances to port position means that transportation costs have a significant effect on the price received by farmers. In the prairie region of Canada, rail transportation is undergoing a major transformation that will affect the competitive positions of agriculture in both the United States and Canada and influence the direction of grain flows between the two countries. Rail rates are no longer legislated although a cap is still in place), restrictions on branch line abandonment have been lifted, and further deregulation of price and car allocation is being considered. Some parties, including the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Barriers to entry; Competition; Grain handling; Grain transportation; Monopoly; Railroads; Regulation; Public Economics; K2; L1; L9; L5. |
| Ano: 1998 |
URL: http://purl.umn.edu/29164 |
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| Hamilton, Bruce W.; MacAuley, Molly K.. |
| We examine determinants of the nearly 30 percent increase in the average age of domestically produced, registered automobiles since the mid-1960s. We find that very little of the increase in car longevity is attributable to improvements in the inherent durability of cars. Rather, we find that the temporal pattern of longevity improvement is highly correlated with the level of market concentration in the auto industry. In particular, we argue that the arrival of competition in the industry led to an increase in longevity largely by forcing a reduction in the price of auto maintenance and repair, which in turn induced consumers to maintain their cars into older age. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Market concentration; Automobile industry; Scrappage models; Public Economics; L1; L9. |
| Ano: 1998 |
URL: http://purl.umn.edu/10581 |
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| Miljkovic, Dragan. |
| This study addresses the issues of market integration in railroad industry analyzing the export-bound grain transportation. A spatial analysis involving four origin states (Illinois, Iowa, Minnesota and Nebraska) and two destinations (Mexican Gulf and Pacific Northwest) is conducted in order to determine if pricing practices by the same or different railroads in different regions are consistent. A system of structural equations is estimated and dynamic regression tests are conducted because of the dynamic nature of interregional trade and arbitrage activities. The results indicate that grain transportation market by rail is not perfectly integrated. This is primarily due to numerous mergers and combining of railroads that took place during the last twenty... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Grain transportation; Market integration; Railroad industry; International Relations/Trade; D4; L1; L9. |
| Ano: 1999 |
URL: http://purl.umn.edu/29236 |
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| Khazzoom, J. Daniel. |
| The problem posed by the uninsured motorist is of concern to the general public, policyholders, insurance companies, insurance regulators, and legislators. What is striking, however, is the fragmentary nature of the information that is available and the fact that it is scattered over so many sources. Even more striking is the fact that those sources often provide conflicting estimates, and the methods used in deriving those estimates are either never spelled out or, if they are, their reliability is unknown. In view of the general concern with the problem of uninsured motorists, this paper attempts to present an overview of what we know about the uninsured motorists and how well we know what we know through the following measures: clarifying the subtleties... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Converting fixed to variable cost; Efficient pricing of auto insurance; Environmental benefit of Pay-at-the-Pump; Uninsured motorists/vehicles; Universal auto insurance; Pay-at-the-Pump insurance; Risk and Uncertainty; K4; L9; Q2; R4. |
| Ano: 2000 |
URL: http://purl.umn.edu/10533 |
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| Allen, Albert J.; Myles, Albert E.; Shaik, Saleem; Yeboah, Osei-Agyeman. |
| Dynamic shift-share analysis reveals that national growth effects were positive while industrial mix, competitive, and allocation effects were negative. Results also show the time(technology) variable were significantly and positively related to the competitive effects for coal, chemical products, food products, nonmetallic products, petroleum products, metallic ores, and other products. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Dynamic shift-share; Competitive effects; Commodity Groups; Class I railroads; Agribusiness; Industrial Organization; L1; L9; L92. |
| Ano: 2010 |
URL: http://purl.umn.edu/56409 |
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