AbstractA generalized shipper transportation cost function is estimated to test whether coal shippers achieve allocative efficiency with respect to market prices when facing limited access to the full range of transportation services. Findings indicate that allocative efficiency with respect to market prices is achieved when shippers have access to all major transportation modes. In contrast, the condition for allocative efficiency is not met with respect to market prices when shippers’ modal choices are limited to trucking and rail services. Findings for the sample of shippers who face limited shipping choices is interpreted as suggesting an over-use of trucks relative to the use of trains due to price distortions of transportation services.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    An empirical test of modal choice and allocative efficiency: Evidence from US coal transportation


    Contributors:


    Publication date :

    2009-12-31


    Size :

    14 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English





    Technical and allocative efficiency in airports

    Barros, C. P. / Sampaio, A. | British Library Online Contents | 2004



    Allocative distortions from transit subsidies

    Obeng, K. / Azam, G. A. | British Library Online Contents | 1995