Trucking Deregulation and Highway Safety: The Effect of the 1980 Motor Carrier Act

Thomas L Traynor and Pat McCarthy

Journal of Regulatory Economics, 1991, vol. 3, issue 4, 339-48

Abstract: The relationship between deregulation in the trucking industry and highway safety is an important economic and social issue. Analyses thus far have concentrated on the relationship between the downward pressure imposed on freight rates by deregulation and total safety investment by firms. Two issues which have been ignored are the effects that deregulation had on route carriage restrictions and total firm mileage. The authors show that the inclusion of these factors yields a model in which the relationship between motor carrier deregulation and highway safety is dependent upon the relative effects of all three factors. Estimation of the model using accident data implies that trucking deregulation did not deteriorate highway safety and may have actually improved it. Copyright 1991 by Kluwer Academic Publishers

Date: 1991
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