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

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