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Rail Industry: The Evolution of Regulation, Competition, and Innovation

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The rail industry has played a prominent role historically in stimulating economic growth in the United States. This role has been and will be affected by various public policies and institutions. Governmental policies have the prospect to either advance or retard key measures of economic performance, not only for parties directly affected (e.g., railroads and shippers), but also for a variety of other related industries and the economy writ large.

Our work advances understanding of the economics of the rail industry and promotes sound policymaking.

Principal Investigators and Conveners: Jeffrey MacherJohn Mayo