Input price effect on productivity gains in the United States railroad industry

This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on...

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Main Authors: Azrina Abdullah Al-Hadi, Peoples, James
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2016
Online Access:http://journalarticle.ukm.my/10775/
http://journalarticle.ukm.my/10775/
http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf
id ukm-10775
recordtype eprints
spelling ukm-107752017-10-10T09:35:15Z http://journalarticle.ukm.my/10775/ Input price effect on productivity gains in the United States railroad industry Azrina Abdullah Al-Hadi, Peoples, James This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on railroad productivity. Such an analysis significant in part because of the importance of fuel prices and wages as drivers of cost in this industry. Findings suggest that price effects are not the main source of changes in productivity. However, among the price effects, the price of material and price of way and structures show larger and significant magnitudes in explaining the sources of changes in productivity compared to other prices. Interestingly, price of labor and price of fuel are the input prices that contribute the least to changes in unit cost. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf Azrina Abdullah Al-Hadi, and Peoples, James (2016) Input price effect on productivity gains in the United States railroad industry. Jurnal Ekonomi Malaysia, 50 (2). pp. 3-14. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2016-2.html
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
language English
description This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on railroad productivity. Such an analysis significant in part because of the importance of fuel prices and wages as drivers of cost in this industry. Findings suggest that price effects are not the main source of changes in productivity. However, among the price effects, the price of material and price of way and structures show larger and significant magnitudes in explaining the sources of changes in productivity compared to other prices. Interestingly, price of labor and price of fuel are the input prices that contribute the least to changes in unit cost.
format Article
author Azrina Abdullah Al-Hadi,
Peoples, James
spellingShingle Azrina Abdullah Al-Hadi,
Peoples, James
Input price effect on productivity gains in the United States railroad industry
author_facet Azrina Abdullah Al-Hadi,
Peoples, James
author_sort Azrina Abdullah Al-Hadi,
title Input price effect on productivity gains in the United States railroad industry
title_short Input price effect on productivity gains in the United States railroad industry
title_full Input price effect on productivity gains in the United States railroad industry
title_fullStr Input price effect on productivity gains in the United States railroad industry
title_full_unstemmed Input price effect on productivity gains in the United States railroad industry
title_sort input price effect on productivity gains in the united states railroad industry
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2016
url http://journalarticle.ukm.my/10775/
http://journalarticle.ukm.my/10775/
http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf
first_indexed 2023-09-18T19:58:24Z
last_indexed 2023-09-18T19:58:24Z
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