Regulatory Developments in the U.S. : History and Philosophy
The first nationwide regulation of transportation in the United States (U.S.) was intervention in railways. In the 1830 to 1880 period, railways had been over-built in many areas of the country especially the Northeast mainly because of financial s...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2000/03/18844237/regulatory-developments-history-philosophy http://hdl.handle.net/10986/17680 |
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okr-10986-176802021-04-23T14:03:39Z Regulatory Developments in the U.S. : History and Philosophy Thompson, Louis S. ACCIDENT RATES AIR AIR TRAVEL AIR WATER BARGES BARRIERS TO ENTRY CARRIAGE CARRIERS COMMODITIES COMMODITY COMMON CARRIERS COMMUTER SERVICES CONCESSIONS CONCRETE CORRIDOR COSTS OF TRANSPORTATION DEREGULATION DRIVING ECONOMIC REGULATION ELECTRIC UTILITIES EMERGENCY TRANSPORTATION FINANCIAL BURDEN FRAMEWORK FREIGHT FREIGHT BUSINESS FREIGHT FORWARDERS FREIGHT MODAL FREIGHT RAILWAYS FREIGHT RATES FREIGHT TON FREIGHT TRANSPORT FREIGHT TRANSPORT REGULATION GASOLINE HAULAGE HIGHWAY HIGHWAY CONSTRUCTION INCOME INTERCITY PASSENGER INTERCITY RAIL INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM LIFTING LOCAL AUTHORITIES LOCAL RAIL LOCOMOTIVES LTL MILEAGE MODAL SHARE MODAL SHARES MOTOR CARRIER NATIONAL HIGHWAY SYSTEM NATIONAL RAILWAY NET BENEFITS PASSENGER LOSSES PASSENGER SERVICES PASSENGERS PORTS PRIVATE SECTOR PRIVATIZATION QUALITY OF TRANSPORT RAIL RAIL BUS RAIL BUSINESS RAIL CHARGES RAIL COMPETITION RAIL FREIGHT RAIL FREIGHT REVENUE RAIL INDUSTRY RAIL INFRASTRUCTURE RAIL LINE RAIL PASSENGER RAIL PASSENGER SERVICE RAIL SERVICE RAIL SYSTEM RAIL TRAFFIC RAIL TRANSPORT RAILROAD RAILROAD INDUSTRY RAILROADS RAILWAY RAILWAY COMPANIES RAILWAY CORPORATIONS RAILWAY INDUSTRY RAILWAY LINES RAILWAY MANAGEMENT RAILWAY NETWORK RAILWAY OFFICIALS RAILWAYS RAILWAYS ADVISER RATE CHANGES RATE OF RETURN RATEMAKING REBATES REGULATORY FRAMEWORK REGULATORY LEGISLATION REGULATORY PERIOD ROUTE ROUTES SAFETY SERVICE QUALITY SERVICE REGULATION SHARING SHIPMENTS SHIPPERS SHIPPING SURFACE FREIGHT SURFACE TRANSPORTATION TONNAGE TRACKAGE TRACKS TRAFFIC TRANSPORT TRANSPORT CHARGES TRANSPORT COSTS TRANSPORT OPERATIONS TRANSPORT REGULATION TRANSPORT TARIFFS TRANSPORTATION TRANSPORTATION POLICY TRUCKING TRUCKS TRUE VARIABLE COST WAGONS The first nationwide regulation of transportation in the United States (U.S.) was intervention in railways. In the 1830 to 1880 period, railways had been over-built in many areas of the country especially the Northeast mainly because of financial speculation in the creation of railway companies. The perceived "high fixed cost, low variable cost" structure of railways tended to generate severe rate cutting and tariff instability whenever railways directly competed for traffic. Another major thrust was "locational" (regional) interests - farmers who wanted rates averaged and stabilized so that more distant markets will see the same transport costs as the "more fortunate", closer farms, and so that ports can be "equalized". This report gives the growth of transport regulation in the U.S.; results of regulation; why was regulatory change necessary at the beginning of the 1980's?; and the deregulatory experience in the U.S. 2014-04-07T21:44:40Z 2014-04-07T21:44:40Z 2000-03 http://documents.worldbank.org/curated/en/2000/03/18844237/regulatory-developments-history-philosophy http://hdl.handle.net/10986/17680 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research UNITED STATES |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCIDENT RATES AIR AIR TRAVEL AIR WATER BARGES BARRIERS TO ENTRY CARRIAGE CARRIERS COMMODITIES COMMODITY COMMON CARRIERS COMMUTER SERVICES CONCESSIONS CONCRETE CORRIDOR COSTS OF TRANSPORTATION DEREGULATION DRIVING ECONOMIC REGULATION ELECTRIC UTILITIES EMERGENCY TRANSPORTATION FINANCIAL BURDEN FRAMEWORK FREIGHT FREIGHT BUSINESS FREIGHT FORWARDERS FREIGHT MODAL FREIGHT RAILWAYS FREIGHT RATES FREIGHT TON FREIGHT TRANSPORT FREIGHT TRANSPORT REGULATION GASOLINE HAULAGE HIGHWAY HIGHWAY CONSTRUCTION INCOME INTERCITY PASSENGER INTERCITY RAIL INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM LIFTING LOCAL AUTHORITIES LOCAL RAIL LOCOMOTIVES LTL MILEAGE MODAL SHARE MODAL SHARES MOTOR CARRIER NATIONAL HIGHWAY SYSTEM NATIONAL RAILWAY NET BENEFITS PASSENGER LOSSES PASSENGER SERVICES PASSENGERS PORTS PRIVATE SECTOR PRIVATIZATION QUALITY OF TRANSPORT RAIL RAIL BUS RAIL BUSINESS RAIL CHARGES RAIL COMPETITION RAIL FREIGHT RAIL FREIGHT REVENUE RAIL INDUSTRY RAIL INFRASTRUCTURE RAIL LINE RAIL PASSENGER RAIL PASSENGER SERVICE RAIL SERVICE RAIL SYSTEM RAIL TRAFFIC RAIL TRANSPORT RAILROAD RAILROAD INDUSTRY RAILROADS RAILWAY RAILWAY COMPANIES RAILWAY CORPORATIONS RAILWAY INDUSTRY RAILWAY LINES RAILWAY MANAGEMENT RAILWAY NETWORK RAILWAY OFFICIALS RAILWAYS RAILWAYS ADVISER RATE CHANGES RATE OF RETURN RATEMAKING REBATES REGULATORY FRAMEWORK REGULATORY LEGISLATION REGULATORY PERIOD ROUTE ROUTES SAFETY SERVICE QUALITY SERVICE REGULATION SHARING SHIPMENTS SHIPPERS SHIPPING SURFACE FREIGHT SURFACE TRANSPORTATION TONNAGE TRACKAGE TRACKS TRAFFIC TRANSPORT TRANSPORT CHARGES TRANSPORT COSTS TRANSPORT OPERATIONS TRANSPORT REGULATION TRANSPORT TARIFFS TRANSPORTATION TRANSPORTATION POLICY TRUCKING TRUCKS TRUE VARIABLE COST WAGONS |
| spellingShingle |
ACCIDENT RATES AIR AIR TRAVEL AIR WATER BARGES BARRIERS TO ENTRY CARRIAGE CARRIERS COMMODITIES COMMODITY COMMON CARRIERS COMMUTER SERVICES CONCESSIONS CONCRETE CORRIDOR COSTS OF TRANSPORTATION DEREGULATION DRIVING ECONOMIC REGULATION ELECTRIC UTILITIES EMERGENCY TRANSPORTATION FINANCIAL BURDEN FRAMEWORK FREIGHT FREIGHT BUSINESS FREIGHT FORWARDERS FREIGHT MODAL FREIGHT RAILWAYS FREIGHT RATES FREIGHT TON FREIGHT TRANSPORT FREIGHT TRANSPORT REGULATION GASOLINE HAULAGE HIGHWAY HIGHWAY CONSTRUCTION INCOME INTERCITY PASSENGER INTERCITY RAIL INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM LIFTING LOCAL AUTHORITIES LOCAL RAIL LOCOMOTIVES LTL MILEAGE MODAL SHARE MODAL SHARES MOTOR CARRIER NATIONAL HIGHWAY SYSTEM NATIONAL RAILWAY NET BENEFITS PASSENGER LOSSES PASSENGER SERVICES PASSENGERS PORTS PRIVATE SECTOR PRIVATIZATION QUALITY OF TRANSPORT RAIL RAIL BUS RAIL BUSINESS RAIL CHARGES RAIL COMPETITION RAIL FREIGHT RAIL FREIGHT REVENUE RAIL INDUSTRY RAIL INFRASTRUCTURE RAIL LINE RAIL PASSENGER RAIL PASSENGER SERVICE RAIL SERVICE RAIL SYSTEM RAIL TRAFFIC RAIL TRANSPORT RAILROAD RAILROAD INDUSTRY RAILROADS RAILWAY RAILWAY COMPANIES RAILWAY CORPORATIONS RAILWAY INDUSTRY RAILWAY LINES RAILWAY MANAGEMENT RAILWAY NETWORK RAILWAY OFFICIALS RAILWAYS RAILWAYS ADVISER RATE CHANGES RATE OF RETURN RATEMAKING REBATES REGULATORY FRAMEWORK REGULATORY LEGISLATION REGULATORY PERIOD ROUTE ROUTES SAFETY SERVICE QUALITY SERVICE REGULATION SHARING SHIPMENTS SHIPPERS SHIPPING SURFACE FREIGHT SURFACE TRANSPORTATION TONNAGE TRACKAGE TRACKS TRAFFIC TRANSPORT TRANSPORT CHARGES TRANSPORT COSTS TRANSPORT OPERATIONS TRANSPORT REGULATION TRANSPORT TARIFFS TRANSPORTATION TRANSPORTATION POLICY TRUCKING TRUCKS TRUE VARIABLE COST WAGONS Thompson, Louis S. Regulatory Developments in the U.S. : History and Philosophy |
| geographic_facet |
UNITED STATES |
| description |
The first nationwide regulation of
transportation in the United States (U.S.) was intervention
in railways. In the 1830 to 1880 period, railways had been
over-built in many areas of the country especially the
Northeast mainly because of financial speculation in the
creation of railway companies. The perceived "high
fixed cost, low variable cost" structure of railways
tended to generate severe rate cutting and tariff
instability whenever railways directly competed for traffic.
Another major thrust was "locational" (regional)
interests - farmers who wanted rates averaged and stabilized
so that more distant markets will see the same transport
costs as the "more fortunate", closer farms, and
so that ports can be "equalized". This report
gives the growth of transport regulation in the U.S.;
results of regulation; why was regulatory change necessary
at the beginning of the 1980's?; and the deregulatory
experience in the U.S. |
| format |
Publications & Research :: Working Paper |
| author |
Thompson, Louis S. |
| author_facet |
Thompson, Louis S. |
| author_sort |
Thompson, Louis S. |
| title |
Regulatory Developments in the U.S. : History and Philosophy |
| title_short |
Regulatory Developments in the U.S. : History and Philosophy |
| title_full |
Regulatory Developments in the U.S. : History and Philosophy |
| title_fullStr |
Regulatory Developments in the U.S. : History and Philosophy |
| title_full_unstemmed |
Regulatory Developments in the U.S. : History and Philosophy |
| title_sort |
regulatory developments in the u.s. : history and philosophy |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2000/03/18844237/regulatory-developments-history-philosophy http://hdl.handle.net/10986/17680 |
| _version_ |
1764438027037310976 |