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A Post-Deregulation Analysis of Wages in U.S. Freight Transportation

Author

Listed:
  • Habermalz, Steffen

    (University of Mannheim)

  • Monaco, Kristen

    (Federal Maritime Commission)

Abstract

After a period of regulatory changes in the early 1980s we are faced with “new” freight transportation labor markets in the U.S. Using data from the 1984-1999 Current Population Survey, we examine trends in the wages of workers within freight transportation, with a focus on wage differentials across industries and occupations. Our aim is to provide stylized facts. We find that real wages in rail, truck, and water transport declined over most of the period and have rebounded since 1996. Within industries we find considerable persistence in wage differentials between and within a majority of occupations. We also find evidence of increased competition in a subset of labor markets.

Suggested Citation

  • Habermalz, Steffen & Monaco, Kristen, 2007. "A Post-Deregulation Analysis of Wages in U.S. Freight Transportation," IZA Discussion Papers 2546, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp2546
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    References listed on IDEAS

    as
    1. Rose, Nancy L, 1987. "Labor Rent Sharing and Regulation: Evidence from the Trucking Industry," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1146-1178, December.
    2. Monaco, Kristen A. & Brooks, Taggert J., 2001. "Deregulation and wages in trucking: A time series phenomenon -- A time series approach," Research in Transportation Economics, Elsevier, vol. 6(1), pages 55-69, January.
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    More about this item

    Keywords

    wages; rail; water transport; motor carriage;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

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