The Impact of State Economic Regulation of Motor Carriage on Intrastate and Interstate Commerce

Details

• Creators:
  Allen, W. Bruce ; Preechemetta, Arayah ; Shao, Gang ; Singer, Scott
• Corporate Creators:
  University of Pennsylvania. Departments of Public Policy and Management and Regional Science
• Corporate Contributors:
  United States. Dept. of Transportation. Program of University Research ; United States. Department of Transportation. Research and Special Programs Administration
• Subject/TRT Terms:
  • Motor carriers
  • Deregulation
  • Economic impacts
  • Regional transportation
  • Benefit cost analysis
  • Commercial drivers
  • Commerce
  • State regulations
• Publication/ Report Number:
  DOT-T-90-12
• DOI:
  https://doi.org/10.21949/1404669
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States ; Pennsylvania
• TRIS Online Accession Number:
  00601482
• Corporate Publisher:
  University of Pennsylvania
• Abstract:
  The purpose of this study is to show the cost impact of the remaining motor carrier regulation in the states that still impose such regulation, as well as the impacts of such regulation on interstate commerce, i.e., on consumers in states other than the regulating states. This study shows that states that continue to regulate place a considerable burden of excess costs on their own shippers and consumers, as well as those other other states. The analysis links the standard economic welfare model of the benefits attributed to lower prices to consumers (the Posner model) to the U.S. Multiregional Input-Output Model (MRIO). The Posner model demonstrates the harm to society of prices which are held above the market level by regulation. It then measures the gain to society that results from lowering prices (both on existing output as well as additional output that would be stimulated by the lower prices).
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/13333/dot_13333_DS1.pdf
• File Type:
  [PDF - 25.24 MB]
• Collection(s):
  University Transportation Centers ; US Transportation Collection
• Main Document Checksum:
  urn:sha256:6812d7d3235a1b4f089c3b68a259d7c8aa46020e4ecae813e1e62a62e04ca84a