The demand for U.S. railroad freight service: selected manufactured goods
Master of Arts === Department of Economics === Michael W. Babcock === Many of the railroad demand studies are out-dated, lacking the most recent data. We felt that it is time to re-evaluate the rail markets to determine if changes have occurred in the determinants of railroad demand. This paper ex...
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ndltd-KSU-oai-krex.k-state.edu-2097-138092017-03-04T03:51:13Z The demand for U.S. railroad freight service: selected manufactured goods Dotson, Josh Railroad Demand Staggers Act Economics (0501) Transportation (0709) Master of Arts Department of Economics Michael W. Babcock Many of the railroad demand studies are out-dated, lacking the most recent data. We felt that it is time to re-evaluate the rail markets to determine if changes have occurred in the determinants of railroad demand. This paper examines the effects of industrial production and revenue per ton of railroads on the demand for railroad service for selected manufactured goods. Also there appears to be a fundamental shift in railroad pricing after 2004. Thus a dummy variable for the 2005-2010 period was included in the model. Although there is variation in the price elasticity of demand across the manufactured goods markets, all are price inelastic. 2012-05-09T18:03:46Z 2012-05-09T18:03:46Z 2012-05-09 2012 August Thesis http://hdl.handle.net/2097/13809 en_US Kansas State University |
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Railroad Demand Staggers Act Economics (0501) Transportation (0709) |
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Railroad Demand Staggers Act Economics (0501) Transportation (0709) Dotson, Josh The demand for U.S. railroad freight service: selected manufactured goods |
description |
Master of Arts === Department of Economics === Michael W. Babcock === Many of the railroad demand studies are out-dated, lacking the most recent data. We felt that it is time to re-evaluate the rail markets to determine if changes have occurred in the determinants of railroad demand. This paper examines the effects of industrial production and revenue per ton of railroads on the demand for railroad service for selected manufactured goods. Also there appears to be a fundamental shift in railroad pricing after 2004. Thus a dummy variable for the 2005-2010 period was included in the model. Although there is variation in the price elasticity of demand across the manufactured goods markets, all are price inelastic. |
author |
Dotson, Josh |
author_facet |
Dotson, Josh |
author_sort |
Dotson, Josh |
title |
The demand for U.S. railroad freight service: selected manufactured goods |
title_short |
The demand for U.S. railroad freight service: selected manufactured goods |
title_full |
The demand for U.S. railroad freight service: selected manufactured goods |
title_fullStr |
The demand for U.S. railroad freight service: selected manufactured goods |
title_full_unstemmed |
The demand for U.S. railroad freight service: selected manufactured goods |
title_sort |
demand for u.s. railroad freight service: selected manufactured goods |
publisher |
Kansas State University |
publishDate |
2012 |
url |
http://hdl.handle.net/2097/13809 |
work_keys_str_mv |
AT dotsonjosh thedemandforusrailroadfreightserviceselectedmanufacturedgoods AT dotsonjosh demandforusrailroadfreightserviceselectedmanufacturedgoods |
_version_ |
1718418921101459456 |