Recent Economic Thought

Regulatory Reform and Labor Markets

Editors: Peoples, James (Ed.)

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About this book

Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy.
The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.

Table of contents (8 chapters)

  • Introduction and Overview

    Peoples, James

    Pages 1-14

  • Regulation and Deregulation in Surface Freight, Airlines and Telecommunications

    Grimm, Curtis (et al.)

    Pages 15-60

  • Earnings and Employment in Trucking: Deregulating a Naturally Competitive Industry

    Hirsch, Barry T. (et al.)

    Pages 61-124

  • Railroad Deregulation and Union Labor Earnings

    Talley, Wayne K. (et al.)

    Pages 125-182

  • Deregulation and Labor Earnings in the Airline Industry

    Card, David (et al.)

    Pages 183-247

Buy this book

eBook $189.00
price for USA (gross)
  • ISBN 978-94-011-4856-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $249.00
price for USA
  • ISBN 978-0-7923-8065-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $249.00
price for USA
  • ISBN 978-94-010-6034-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Regulatory Reform and Labor Markets
Editors
  • James Peoples
Series Title
Recent Economic Thought
Series Volume
61
Copyright
1998
Publisher
Springer Netherlands
Copyright Holder
Kluwer Academic Publishers
eBook ISBN
978-94-011-4856-6
DOI
10.1007/978-94-011-4856-6
Hardcover ISBN
978-0-7923-8065-8
Softcover ISBN
978-94-010-6034-9
Series ISSN
0924-199X
Edition Number
1
Number of Pages
XIII, 390
Topics