Reforming Regulation

An Evaluation of the Ash Council Proposals : a Staff Paper

Author: Roger G. Noll

Publisher: Brookings Institution Press

ISBN: 9780815761075

Category: Political Science

Page: 116

View: 1545

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The Economic Effects of Airline Deregulation

Author: Steven Morrison,Clifford Winston

Publisher: Brookings Institution Press

ISBN: 9780815708063

Category: Business & Economics

Page: 84

View: 6082

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In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Monthly Labor Review

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Labor laws and legislation

Page: N.A

View: 8812

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Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Administrative Law

Author: Basil J. Mezines,Jacob A. Stein,Jules Gruff

Publisher: N.A

ISBN: N.A

Category: Administrative agencies

Page: N.A

View: 9389

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Railroads, Freight, and Public Policy

Author: Theodore E. Keeler

Publisher: Brookings Institution Press

ISBN: 9780815717799

Category: Political Science

Page: 250

View: 5673

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This book examines railroad regulation and public policy regarding the freight industry.