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- W1567752619 abstract "This paper uses Malmquist productivity indices to examine motor carrier productivity in the U.S., both before and after the Motor Carrier Act of 1980. Although overall productivity did not appear to change following regulatory reform, analysis of the Malmquist Index components shows significant gains in technical efficiency (firms moving closer to their production frontiers) following 1980. However, these efficiency gains were offset by what appears to be simultaneous technological regression, resulting in no net change in productivity. It is suggested here that the observed technological regression may be due to the changes in the way trucking firms do business in the less regulated environment, especially the increasing emphasis on quality of service. It is also possible that exogenous factors, such as deterioration of the highway system and increasing congestion, may contribute to this result." @default.
- W1567752619 created "2016-06-24" @default.
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- W1567752619 date "2000-10-01" @default.
- W1567752619 modified "2023-09-24" @default.
- W1567752619 title "PRODUCTIVITY CHANGES IN THE U.S. MOTOR CARRIER INDUSTRY FOLLOWING DEREGULATION: A MALMQUIST INDEX APPROACH" @default.
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