THE IMPACT OF DEMAND-SENSITIVE RAILROAD RATES UPON THE STORAGE AND TRANSPORTATION SYSTEM FOR U.S. FEED GRAINS

Linwood Hoffman and Lowell D. Hill

No 278467, 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A storage and transportation model of the U.S. feed grain industry was developed to measure the potential impacts of demand-sensitive rail rates. At the national level, a 5 to 15 percent change in rail rates simultaneously increased rail revenue and traffic volume and reduced seasonality of rail demand. As a consequence, total system costs increased. Regional results differed slightly.

Keywords: Public; Economics (search for similar items in EconPapers)
Pages: 15
Date: 1980-07
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea80:278467

DOI: 10.22004/ag.econ.278467

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