Capture vs compromise: entry regulation of intrastate trucking

The process of controlling entry into intrastate trucking markets is examined. A sample of 297 applications to the Tennessee Public Service Commission for authority over the period 1984-1991 is examined. The results indicate that the Tennessee Public Service Commission limits entry in a manner that...

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Bibliographic Details
Published in:The Logistics and transportation review 1996-09, Vol.32 (3), p.283
Main Authors: Klein, Christopher C, Kyle, Reuben, Wilgus, Jennifer J
Format: Article
Language:English
Subjects:
Barriers to entry (Industrial organization)
Beneficiaries
Campaign contributions
Conflicts of interest
Economic theory
Interest groups
Interstate commerce
Laws, regulations and rules
Logistics
Market entry
Motor carriers
Prices
Profits
Regulated industries
Regulation
Small business
Statistical analysis
Studies
Transportation
Transportation industry
Transportation policy
Trucking
Trucking industry
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Summary:The process of controlling entry into intrastate trucking markets is examined. A sample of 297 applications to the Tennessee Public Service Commission for authority over the period 1984-1991 is examined. The results indicate that the Tennessee Public Service Commission limits entry in a manner that is protective of the incumbent carriers. The Commission is more likely to grant authority the more restricted the requested authority. Industry opposition to applications reduces the probability that authority is granted. Finally, the evidence suggested that the Commission may discriminate against the smallest firms in granting new authority.
ISSN:0047-4991