Rail Industry: The Evolution of Regulation, Competition, and Innovation
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.
The Georgetown Center for Business and Public Policy has developed a database of publications in the field of rail economics, as an aid to researchers of the freight rail industry. It is actively growing, and fellow researchers can suggest additions to the database by submitting this form.
Economic Foundations for 21st Century Freight Rail Rate Regulation November, 2018Abstract: The Staggers Rail Act of 1980 made a substantial break from an almost century-old policy of pervasively regulating the prices for freight...
Macher, Mayo present "Evolution of Contracting: Evidence from the Deregulated Freight Rail Industry" at the Center for Research in Regulated Industries 37th Annual Eastern Conference in Ellicott City, MarylandJune 7, 2018The Economics and Regulation of the Freight Rail Industry, Third Annual Research ColloquiumJune 16, 2017