Intrarailroad and Intermodal Competition Impacts on Railroad Wheat Rates
Michael W. Babcock and
Bebonchu Atems ()
Journal of the Transportation Research Forum, 2015, vol. 54, issue 3
The issue addressed in this paper is more fully understanding the relationship of intrarailroad competition and rail rates for wheat in the largest wheat producing states, which are Idaho, Kansas, Minnesota, Montana, North Dakota, Oklahoma, South Dakota, Texas, and Washington. The overall objective of the study is to investigate railroad pricing behavior for wheat shipments. The rate model was estimated with OLS in double-log specification utilizing the 2012 STB Confidential Waybill sample and other data. The research found that the distance from origin to destination and the total shipment weight had the expected negative relationships with railroad wheat rates and were statistically significant. The distance from origin to the nearest barge loading location had the expected positive relationship to railroad wheat rates and was also significant. The weight of each covered hopper car and the Herfindahl-Hirschman Index were both non-significant. However, the study used other data to determine that intrarailroad competition for wheat shipments within states appears to be present in most states.
Keywords: Crop Production/Industries; Industrial Organization; Public Economics (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://ageconsearch.umn.edu/record/241843/files/2 ... ilroadWheatRates.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:ndjtrf:241843
Access Statistics for this article
More articles in Journal of the Transportation Research Forum from Transportation Research Forum
Bibliographic data for series maintained by AgEcon Search ().