×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

Regulatory Reform and Labor Markets
     

Regulatory Reform and Labor Markets

by James Peoples (Editor)
 
Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and

Overview

Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy.
The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.

Editorial Reviews

Booknews
Debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model, presenting diverging views on wage and employment determination in different deregulated industries. After a discussion of the history of regulation in the transportation and telecommunications industries, chapters focus on earnings and employment effects of deregulation in trucking, railroads, airlines, and telecommunications. Labor market studies present theories on effects of deregulation as they apply to specific industries and use contemporary statistical techniques to test hypotheses generated from these theories. A concluding chapter examines the extent to which greater dependence on market forces has led to competitive labor market outcomes in these industries. Annotation c. by Book News, Inc., Portland, Or.

Product Details

ISBN-13:
9789401060349
Publisher:
Springer Netherlands
Publication date:
12/31/2013
Series:
Recent Economic Thought Series , #61
Edition description:
Softcover reprint of the original 1st ed. 1998
Pages:
390
Product dimensions:
6.10(w) x 9.25(h) x 0.03(d)

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews