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Inconvenient And Unnecessary? Regulations In The U.S. Taxi Industry

Author

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  • JOHNSON Colton

    (University of Central Arkansas, USA)

  • SNYDER Thomas

    (University of Central Arkansas, USA)

Abstract

A Certificate of Public Convenience and Necessity (CPCN) is a common requirement for a new business owner in services such as utilities, communications, healthcare, and transportation. However, studies have called into question the effectiveness and purpose of these laws when applied in certain industries. This study chronicles the development of and justifications provided for the enactment of CPCN laws. It then empirically tests the effectiveness of these laws in the taxi industry. This paper finds no evidence that the CPCN laws in the taxi industry are meeting their objectives. Some evidence suggests that CPCN laws achieve the opposite of their intention.

Suggested Citation

  • JOHNSON Colton & SNYDER Thomas, 2017. "Inconvenient And Unnecessary? Regulations In The U.S. Taxi Industry," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 12(3), pages 76-91, December.
    • Handle: RePEc:blg:journl:v:12:y:2017:i:3:p:76-91
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/12307johnson&snyder.pdf
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    References listed on IDEAS

    as
    1. G. Shorey Peterson, 1929. "Motor-Carrier Regulation and its Economic Bases," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 43(4), pages 604-647.
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