Title |
Product market deregulation\'s winners and losers |
Authors |
PADILLA ANGULO, LAURA, Friebel G. , McCullough G. |
External publication |
No |
Means |
JOURNAL OF TRANSPORT ECONOMICS AND POLICY |
Scope |
Article |
Nature |
Científica |
JCR Quartile |
3 |
SJR Quartile |
2 |
JCR Impact |
0.919 |
SJR Impact |
0.695 |
Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85073640709&partnerID=40&md5=5e1ee323d90d5c64633d503e74cafe80 |
Publication date |
01/01/2019 |
Scopus Id |
2-s2.0-85073640709 |
Abstract |
We account for the labour effects around the time of deregulation by investigating a comprehensive data set on US railroads that contain detailed finance, output, employment, and wage information for six different skill groups. We identify the effect of product market strategies and mergers on workers\' employment and earnings. Railroads have downsized and they have restructured the composition of their human resources. The majority of employee groups have benefited in terms of compensation. Low-skilled workers, blue-collar workers, and administrative staff are the main losers. The main winners have been managers and locomotive drivers. © 2019 University of Bath. All rights reserved. |
Keywords |
deregulation; employment; finance; human resource; railway; skilled labor; wage; United States |
Universidad Loyola members |
|