The Staggers Act and Firm Performance: Long-Run Evidence
Author
Abstract
Suggested Citation
DOI: 10.1007/s11151-016-9522-3
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Fama, Eugene F & French, Kenneth R, 1992. "The Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 47(2), pages 427-465, June.
- Prater, Marvin E. & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Nibarger, Daniel & Weingram, Isaac, 2010.
"Rail Competition Changes Since the Staggers Act,"
Journal of the Transportation Research Forum, Transportation Research Forum, vol. 49(3).
- Prater, Marvin & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Nibarger, Daniel & Weingram, Isaac, 2010. "Rail Competition Changes Since the Staggers Act," 51st Annual Transportation Research Forum, Arlington, Virginia, March 11-13, 2010 207270, Transportation Research Forum.
- Prater, Marvin & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Niberger, Daniel & Weingram, Isaac, 2010. "Rail Competition Changes Since the Staggers Act," 51st Annual Transportation Research Forum, Arlington, Virginia, March 11-13, 2010 207269, Transportation Research Forum.
- Fama, Eugene F. & French, Kenneth R., 1997. "Industry costs of equity," Journal of Financial Economics, Elsevier, vol. 43(2), pages 153-193, February.
- Wilson, Wesley W. & Wilson, William W., 2001. "Deregulation, rate incentives, and efficiency in the railroad market," Research in Transportation Economics, Elsevier, vol. 6(1), pages 1-24, January.
- Siew Hoon Lim & C.A. Knox Lovell, 2009. "Profit and productivity of US Class I railroads," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(7), pages 423-442.
- Opler, Tim & Pinkowitz, Lee & Stulz, Rene & Williamson, Rohan, 1999.
"The determinants and implications of corporate cash holdings,"
Journal of Financial Economics, Elsevier, vol. 52(1), pages 3-46, April.
- Tim Opler & Lee Pinkowitz & Rene Stulz & Rohan Williamson, 1997. "The Determinants and Implications of Corporate Cash Holdings," NBER Working Papers 6234, National Bureau of Economic Research, Inc.
- Martland, Carl D., 2006. "Productivity, Pricing and Profitability in the U.S. Rail Freight Industry, 1995-2004," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 45(3).
- McFarland, Henry, 1989. "The Effects of United States Railroad Deregulation on Shippers, Labor, and Capital," Journal of Regulatory Economics, Springer, vol. 1(3), pages 259-270, September.
- JULES H. Van BINSBERGEN & JOHN R. GRAHAM & JIE YANG, 2010.
"The Cost of Debt,"
Journal of Finance, American Finance Association, vol. 65(6), pages 2089-2136, December.
- Jules H. van Binsbergen & John Graham & Jie Yang, 2010. "The Cost of Debt," NBER Working Papers 16023, National Bureau of Economic Research, Inc.
- MacDonald, James M, 1989. "Railroad Deregulation, Innovation, and Competition: Effects of the Staggers Act on Grain Transportation," Journal of Law and Economics, University of Chicago Press, vol. 32(1), pages 63-95, April.
- Barclay, Michael J & Smith, Clifford W, Jr, 1995. "The Maturity Structure of Corporate Debt," Journal of Finance, American Finance Association, vol. 50(2), pages 609-631, June.
- MacDonald, James M., 1989. "Effects of railroad deregulation on grain transportation," Technical Bulletins 312302, United States Department of Agriculture, Economic Research Service.
- Wilson, Wesley W, 1997. "Cost Savings and Productivity in the Railroad Industry," Journal of Regulatory Economics, Springer, vol. 11(1), pages 21-40, January.
- Roger Koenker & Kevin F. Hallock, 2001. "Quantile Regression," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 143-156, Fall.
- Bitzan, John & Vachal, Kimberly & VanWechel, Tamara & Vinje, Dan, 2003. "The Differential Effects of Rail Rate Deregulation U.S. Corn, Wheat and Soybean Markets," MPC Reports 231695, North Dakota State University, Upper Great Plains Transportation Institute.
- repec:bla:jfinan:v:53:y:1998:i:3:p:819-843 is not listed on IDEAS
- James M. MacDonald, 1987. "Competition and Rail Rates for the Shipment of Corn, Soybeans, and Wheat," RAND Journal of Economics, The RAND Corporation, vol. 18(1), pages 151-163, Spring.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schmidt, Stephen, 2001. "Market structure and market outcomes in deregulated rail freight markets," International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 99-131, January.
- Wesley W. Wilson & Frank A. Wolak, 2018. "Benchmark Regulation of Multiproduct Firms: An Application to the Rail Industry," NBER Working Papers 25268, National Bureau of Economic Research, Inc.
- Wilson, Wesley W. & Wilson, William W., 2001. "Deregulation, rate incentives, and efficiency in the railroad market," Research in Transportation Economics, Elsevier, vol. 6(1), pages 1-24, January.
- John Bitzan & Wesley Wilson, 2007.
"Industry costs and consolidation: efficiency gains and mergers in the U.S. railroad industry,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 30(2), pages 81-105, March.
- Wilson, Wesley W. & Bitzan, John, 2003. "Industry Costs and Consolidation: Efficiency Gains and Mergers in the Railroad Industry," MPC Reports 231700, North Dakota State University, Upper Great Plains Transportation Institute.
- John W. Mayo & David E. M. Sappington, 2016. "Regulation in a ‘Deregulated’ Industry: Railroads in the Post-Staggers Era," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(2), pages 203-227, September.
- James MacDonald, 2013. "Railroads and Price Discrimination: The Roles of Competition, Information, and Regulation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 43(1), pages 85-101, August.
- Hughes, Jonathan E., 2011. "The higher price of cleaner fuels: Market power in the rail transport of fuel ethanol," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 123-139, September.
- Miller, Keaton & Wilson, Wesley W., 2023. "Changes in rail rates for U.S. commodity grain shipments over time," Research in Transportation Economics, Elsevier, vol. 102(C).
- Peoples, James & Talley, Wayne K., 2007. "Earnings Differentials of Railroad Managers and Labor," Research in Transportation Economics, Elsevier, vol. 20(1), pages 259-281, January.
- Wesley W. Wilson & Frank A. Wolak, 2016. "Freight Rail Costing and Regulation: The Uniform Rail Costing System," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(2), pages 229-261, September.
- Pittman, Russell, 2007. "Options for Restructuring the State-Owned Monopoly Railway," Research in Transportation Economics, Elsevier, vol. 20(1), pages 179-198, January.
- Cui, Shana & Pittman, Russell & Zhao, Jian, 2018. "Restructuring the Chinese Freight Railway: Two Scenarios," MPRA Paper 88407, University Library of Munich, Germany.
- Wilson, Wesley W. & Wilson, William W., 1998. "Deregulation And Innovation In Railroad Shipping Of Agricultural Commodities: 1972-1995," AE Series 23090, North Dakota State University, Department of Agribusiness and Applied Economics.
- David E. Davis & Wesley W. Wilson, 2003.
"Wages in Rail Markets: Deregulation, Mergers, and Changing Networks Characteristics,"
Southern Economic Journal, John Wiley & Sons, vol. 69(4), pages 865-885, April.
- Davis, David E. & Wilson, Wesley W., 2002. "Wages in Rail Markets: Deregulation, Mergers, and Changing Networks Characteristics," UGPTI Department Publication 231808, North Dakota State University, Upper Great Plains Transportation Institute.
- Davis, David E. & Wilson, Wesley W., 2005. "Wages in Rail Markets: Deregulation, Mergers, and Changing Network Characteristics," MPRA Paper 7663, University Library of Munich, Germany.
- Bitzan, John & Vachal, Kimberly & VanWechel, Tamara & Vinje, Dan, 2003. "The Differential Effects of Rail Rate Deregulation U.S. Corn, Wheat and Soybean Markets," MPC Reports 231695, North Dakota State University, Upper Great Plains Transportation Institute.
- Chuan ‘Chewie’ Ang, Tze & Lam, F.Y. Eric C. & Ma, Tai & Wang, Shujing & Wei, K.C. John, 2019. "What is the real relationship between cash holdings and stock returns?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 513-528.
- José A. Gómez-Ibáñez, 2016. "Open Access to Infrastructure Networks: The Experience of Railroads," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(2), pages 311-345, September.
- James Gaisford & Stefan Lutz, 2007. "A Multi-Product Framework Generating Waves of Mergers and Divestitures," ICER Working Papers 36-2007, ICER - International Centre for Economic Research.
- Bitzan, John D. & Wilson, Wesley W., 2007. "A Hedonic Cost Function Approach to Estimating Railroad Costs," Research in Transportation Economics, Elsevier, vol. 20(1), pages 69-95, January.
- Prater, Marvin E. & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Nibarger, Daniel & Weingram, Isaac, 2010.
"Rail Competition Changes Since the Staggers Act,"
Journal of the Transportation Research Forum, Transportation Research Forum, vol. 49(3).
- Prater, Marvin & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Niberger, Daniel & Weingram, Isaac, 2010. "Rail Competition Changes Since the Staggers Act," 51st Annual Transportation Research Forum, Arlington, Virginia, March 11-13, 2010 207269, Transportation Research Forum.
- Prater, Marvin & Casavant, Ken & Jessup, Eric & Blanton, Bruce & Bahizi, Pierre & Nibarger, Daniel & Weingram, Isaac, 2010. "Rail Competition Changes Since the Staggers Act," 51st Annual Transportation Research Forum, Arlington, Virginia, March 11-13, 2010 207270, Transportation Research Forum.
More about this item
Keywords
Deregulation and performance; Financial performance; Railroad industry performance; Staggers act;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:revind:v:49:y:2016:i:2:d:10.1007_s11151-016-9522-3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.