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Market Area Sensitivity as a Measure of Railroad-Barge Competition in the Oklahoma-Kansas Wheat Transportation Market*

Published online by Cambridge University Press:  28 April 2015

Marc A. Johnson  and
Gary M. Mennem
Marc A. Johnson
Affiliation:
Oklahoma State University
Gary M. Mennem
Affiliation:
Oklahoma State University
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Extract

New directions in national transportation policy have rekindled interest in transportation market structure. The Department of Transportation policy goal to equalize competitive opportunities between modes requires greater understanding of intermodal competitiveness in terms of inherent advantages of each mode in serving particular transportation markets. Flexible railroad ratemaking in the absence of market dominance, provided for in the Railroad Revitalization and Regulatory Reform Act of 1976, requires measures of intermodal competitiveness to define market dominance.

This article serves two purposes. The first is to develop market area sensitivity as a tool for distinguishing competitive from noncompetitive transportation market structures.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 8 , Issue 2 , December 1976 , pp. 115 - 120
Copyright
Copyright © Southern Agricultural Economics Association 1976

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Footnotes

*

Paper No. J-3156 of the Journal Series of the Oklahoma Agricultural Experiment Station, Stillwater. The authors acknowledge the helpful suggestions of Loren L. Parks, Michael S. Salkin and three reviewers.

References

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[3] Interstate Commerce Commission. Rail Revenue Contribution by Commodity and Territory for the Year 1972, Statement No. 153–7, Washington, D.C., April 1975.Google Scholar
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