Download or read book Effects of Deregulation on Safety written by Vicki Bier and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effects of Deregulation on Safety provides a comprehensive overview of the safety experiences of these three case study industries and their implications for the U.S. nuclear power industry. The treatment of the subject is not highly technical, and hence is accessible to a wide range of readers with interests in the subject matter. The book draws on literature from roughly 250 references, ranging from brief news articles to book-length studies of deregulation in a particular industry, as well as original in-depth interviews with representatives of all three case study industries. This wealth of empirical background information allows the book to go beyond mere speculation about the possible adverse safety consequences of deregulation, to identify situations in which particular adverse safety consequences actually occurred. The experience of the case study industries indicates that economic deregulation need not be incompatible with a reasonable safety record, especially in those aspects of safety that are positively related to productivity. But that safety also cannot be taken for granted after deregulation. Careful management attention is needed in order to avoid the types of safety problems that were associated with deregulation in the case study industries.

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Download or read book Effects of Deregulation on Safety written by V. M. Bier and published by . This book was released on 2001-08-01 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of Deregulation on Safety written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Download or read book The Economic Effects of Surface Freight Deregulation written by Clifford Winston and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.

Download or read book Transportation Deregulation and Safety written by and published by . This book was released on 1988 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Airline Deregulation and Air travel Safety written by Richard B. McKenzie and published by . This book was released on 1991 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: "July 1991." Includes bibliographical references (p. 59-75)

Download or read book Worker Safety Under Siege written by Vernon Mogensen and published by Routledge. This book was released on 2015-06-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eye-opening book shows how the rights of workers to safe and healthful workplaces are under greater attack today than at any time since the passage of the landmark Occupational Safety and Health Act in 1970. This collection is organized around three thematic issues that pose significant challenges to the Occupational Safety and Health Administration's ability to protect workers' safety and health. First, the economy has shifted from an industrial base to a white collar/service base, which includes more women workers than ever before - yet many of the safety and health problems that affect women are not being adequately addressed. Second, free market ideology and globalization have served to undermine worker safety and health laws. And finally, the effects of 9/11 have exacerbated the trend toward weakening workers' rights and safety standards in the name of national security.

Download or read book The Social and Economic Consequences of Deregulation written by Paul S. Dempsey and published by Praeger. This book was released on 1989-09-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author discusses the question of federal preemption of intrastate transportation and the experience of intrastate deregulation in some states. He examines the issue of whether more deregulation is in the public interest and, if economic deregulation is to be retained, what form it should take. The author's summary and conclusions can be the basis for study of the effects of economic deregulation in the transportation industry. This book can be a resource for executives dealing with deregulation in such industries as: transportation, telecommunications, broadcasting, electric utilities, cable television, oil and gas, and securities and banking. Defense Transportation Journal This book provides a comprehensive assessment of the social nd economic consequences of one of America's most important infrastructure industries--transportation. Dr. Dempsey traces the legal and political movement from regulation to deregulation. He proceeds to review the empirical results of a decade of deregulation upon airlines, railroads, trucking, and bus companies, and the effects of deregulation upon the shipping and traveling public that rely upon them. The book begins with an analysis of the events that led our nation to establish a regime of economic regulation upon the transportation industry. It also examines the metamorphosis toward deregulation and focuses on several areas in which there has been a significant adverse impact, including economic efficiency, pricing, service, and safety. Dempsey's book addresses the question of federal preemption of intrastate transportation and the experience of intrastate deregulation in some states. Dempsey further examines the issue of whether more deregulation is in the public interest and, if economic regulation is to be retained, what form it should take. The book concludes with an analysis of the public interest in transportation, focusing upon the policy objectives essential in accomplishing social and economic goals beyond allocative efficiency. This book is a necessary resource for executives dealing with deregulation in such industries as: transportation, telecommunications, broadcasting, electric utilities, cable television, oil and gas, and securities and banking.

Download or read book Airline Deregulation and Laissez Faire Mythology written by Paul S. Dempsey and published by Praeger. This book was released on 1992-09-08 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airline deregulation is a failure, conclude Professors Dempsey and Goetz. They assault the conventional wisdom in this provocative book, finding that the Airline Deregulation Act of 1978, championed by a profound political movement which also advocated the deregulation of the bus, trucking, rail, and pipeline industries, failed to achieve the promises of its proponents. Only now is the full impact of deregulation being felt. Airline deregulation has resulted in unprecedented industry concentration, miserable service, a deterioration in labor-management relations, a narrower margin of safety, and higher prices for the consumer. This comprehensive book begins by exploring the strategy, tactics, and egos of the major airline robber barons, including Frank Lorenzo and Carl Icahn. In separate chapters, the strengths, weaknesses, and corporate cultures of each of the major airlines are evaluated. Part Two assesses the political, economic, and social justifications for New Deal regulation of aviation, and its deregulation in the late 1970s. Part Three then addresses the major consequences of deregulation in chapters on concentration, pricing, service, and safety, and Part Four advances a legislative agenda for solving the problems that have emerged. Professors Dempsey and Goetz advocate a middle course of responsible government supervision between the dead hand of regulation of the 1930s and the contemporary evil of market Darwinism. The book will be of particular interest to airline and airport industry executives, government officials, and students and scholars in public policy, economics, business, political science, and transportation.

Download or read book Fear of Flying written by Nancy L. Rose and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The safety of the commercial airline industry has attracted considerable public attention and debate since economic deregulation of the industry in 1978. These concerns have energized economic research on three aspects of airline safety. First, has the level of airline safety declined since deregulation? Research on this topic investigates whether heightened public concerns about air safety derive from objective increases in accident risks. Second. what accounts for differences in safety performance across carriers? This literature analyzes heterogeneity in carriers' safety records as a means of learning about factors that influence safety performance. Third, how do markets respond to airline accidents? This work explores the effectiveness of market incentives in constraining the safety provision of firms. This paper describes our progress in answering each of these queries.

Download or read book Why Airplanes Crash written by Clinton V. Oster Jr. and published by Oxford University Press. This book was released on 1992-05-28 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the causes of airplane accidents and what private and public policies are needed to improve aviation safety. It begins by examining the safety record of the United States commuter airline industry in the post-deregulation era characterized by increased emphasis by airlines on cost control and growing pressures on the air traffic control and airport system. The authors go beyond the safety of the scheduled airlines to examine the reasons for accidents in the nonscheduled and general aviation segments of the United States industry, where the bulk of fatalities occur and where airline pilots increasingly receive most of their training and experience. They then turn to an examination of aviation safety throughout the world, first with a detailed comparison of Canadian and American aviation safety, and then with a look at air safety in all regions of the world and the safety performances of all the world's major airlines. Three emerging issues are then examined in greater detail: assessing the margin of safety, worldwide aging of all airline fleets, and terrorism.

Download or read book Transportation Safety in an Age of Deregulation written by Leon N. Moses and published by Oxford University Press. This book was released on 1989-12-14 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent legislation deregulating the airline and trucking industries has enhanced competition and reduced real transportation prices by putting pressure on firms to operate more efficiently. Yet, with the entry of many new small airlines and trucking firms facing the financial pressures of competition, many legislators fear that public safety will be reduced due to compromises in maintenance, equipment replacement, recruitment and training. This volume examines the theoretical and empirical issues involved in the debate on the relationship between safety and economic performance in the airline and trucking industries. Contributors discuss such factors as the role of government as provider of safety oversight personnel and airport and road space quality, and conclude that the government has not acted quickly enough to provide the additional safety resources to meet the changed needs of the two industries, though the evidence does not support the notion that deregulation has compromised safety.

Download or read book Safety and Regulatory Reform of Railways written by OECD and published by OECD Publishing. This book was released on 2010-10-04 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books examines the question of whether deregulation reduces rail safety with a detailed investigation of pre- and post-reform rail safety data in countries where complete and comparable data exists.

Download or read book The Evolution of the Airline Industry written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not rea

Download or read book Job Protection Deregulation in Good and Bad Times written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2017-12-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.