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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Main Author: Dotson, Josh
Language:en_US
Published: Kansas State University 2012
Subjects:
Online Access:http://hdl.handle.net/2097/13809
id ndltd-KSU-oai-krex.k-state.edu-2097-13809
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spelling 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
collection NDLTD
language en_US
sources NDLTD
topic Railroad Demand
Staggers Act
Economics (0501)
Transportation (0709)
spellingShingle 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
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