The Inefficiency of Regulating a Competitive Industry: Productivity Gains in Trucking Following Reform
证实了卡车运输业放松管制后生产率显著提升，成本模拟显示1984年生产率增益达16%，验证了改革倡导者的预测。
This study confirms the higher productivity levels predicted by advocates of regulatory reform in trucking and shows that these gains have been substantial. Cost simulations suggest that, following a year of higher expenditures, efforts to remain competitive have yielded considerable cost savings that increase over time, from 1 percent in 1981 to 23 percent in 1984. The indirect effects of reform through the independent variables initially decrease costs, but later lead to higher costs. The cumulative effect has been a less than 1 percent increase in costs in 1980, becoming by 1984, a significant 16 percent productivity gain. Copyright 1990 by MIT Press.