Transportation Deregulation and Interregional Competition in the Northeastern Feed Economy

Author:

Randolph Thomas F.,Lee David R.

Abstract

The effects of rail deregulation on feed transportation in the Northeast are examined through construction of a spatial equilibrium model of the Northeastern feed industry. Short-run and long-run effects of deregulation are analyzed through incorporation of rail rate structures for 1981 and 1984, respectively, into model simulations and comparison with pre-deregulation base year results (1980). The results show that the Northeast feed economy has generally benefited from rail deregulation which has led to lower transportation costs, lower feed costs and an enhanced competitive position relative to the Southeastern U.S.

Publisher

Cambridge University Press (CUP)

Subject

General Medicine

Reference44 articles.

1. U.S. Department of Agriculture. Agricultural Statistics. Washington D.C. Various years.

2. Some Impacts of Rail Regulatory Changes on Grain Industries

3. Spatial Price Equilibrium and Linear Programming;Samuelson;American Economic Review,1952

4. Demand for Feed Grains and Concentrates by Livestock Category;Richardson;Western Journal of Agricultural Economics,1976

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