Título Product Market Deregulation's Winners and Losers US Railroads Between 1981 and 2001
Autores PADILLA ANGULO , LAURA , Friebel, Guido, McCullough, Gerard, PADILLA ANGULO , LAURA
Publicación externa No
Medio J. Transp. Econ. Policy
Alcance Article
Naturaleza Científica
Cuartil JCR 3
Cuartil SJR 2
Impacto JCR 0.91900
Ámbito Internacional
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-85073640709&partnerID=40&md5=5e1ee323d90d5c64633d503e74cafe80
Fecha de publicacion 01/07/2019
ISI 000473271800002
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.
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