LOCK CONGESTION AND ITS IMPACT ON GRAIN BARGE RATES ON THE UPPER MISSISSIPPI RIVER

Tun-hsiang Edward Yu, Stephen W. Fuller and David A Bessler ()

No 36001, 2003 Annual Meeting, July 13-16, 2003, Denver, Colorado from Western Agricultural Economics Association

Abstract: An anticipated increase in lock delays on the upper Mississippi River has generated concern about its future navigational efficiency. The objective of this paper is to identify selected factors affecting lock delay on the River's busiest locks and to examine the impact of lock delay on grain barge rates. Results show that lock unavailability, traffic level, and delay at nearby locks affect lock delay. Further, barge rates are affected by lock delay, however, the impact is modest.

Keywords: Public Economics (search for similar items in EconPapers)
Date: 2003
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