Coal Rates and Revenue Adequacy in a Quasi-Regulated Rail Industry

This article considers whether equitable rates to captive coal shippers are compatible with competitive rates of return in the rail industry. Using the results of a translog cost function based on panel data of Class I railroads for 1974-1986, I show that returns to scale are sufficiently large to c...

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Veröffentlicht in:	The Rand journal of economics 1992-10, Vol.23 (3), p.376-394
1. Verfasser:	Friedlaender, Ann F.
Format:	Artikel
Sprache:	eng
Schlagworte:	Coal Commodities Comparative studies Cost analysis Distribution costs Economic models Economic theory Economies of scale Elasticity of demand Marginal costs Markups Motor vehicle traffic Public utilities Rail industry Railroads Railway systems Railways Rates of return Revenue Transport economics
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