000 | 01498nam a22002657a 4500 | ||
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005 | 20240306070602.0 | ||
008 | 240306b |||||||| |||| 00| 0 eng d | ||
022 | _a00222186 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | _aHB73 JOU | ||
100 | 1 |
_aWinston, Clifford _eauthor |
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245 | 1 | 0 |
_aLong-Run Effects of Mergers: _bthe Case of U.S. Western Railroads _cClifford Winston, Vikram Maheshri and Scott M. Dennis |
264 |
_aChicago: _bUniversity of Chicago Press; _c2011. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aThe Journal of Law and Economics _vVolume 54, number 2 |
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520 | _aWe provide a retrospective assessment of the effects of the two recent major railroad mergers in the western United States (Burlington Northern–Atchison-Topeka-Santa Fe and Union Pacific–Southern Pacific) on the price of rail transport of export grain. Estimation accounts for selectivity bias that arises because rail prices are observed only for routes with traffic. Despite concerns that both mergers could harm consumers by reducing carrier competition, we find that, in the long run, the mergers have had negligible effects on grain transportation prices and consumer welfare. | ||
650 |
_aRail industry _xEconomic competition _zBritain |
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700 |
_aDennis, Scott M. _eco author |
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700 |
_aMaheshr, Vikram _eco author |
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856 | _uhttps://doi.org/10.1086/655164 | ||
942 |
_2lcc _cJA |
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999 |
_c164132 _d164132 |