Lessons from the U.S. transport deregulation experience for privatization

Arbeitspapier

The purpose of this paper is to suggest how the U.S. experience with deregulating its intercity transportation system can identify important considerations for all countries that wish to pursue privatization. Transportation deregulation in the United States gave private railroad, trucking, bus, and airline companies the freedom to set prices, choose which markets to serve, and what level of service to provide. Because U.S. firms were saddled with inefficiencies that developed over decades of regulation, their adjustment to deregulation has been difficult and time consuming. Nonetheless, deregulation has succeeded to a notable extent in the short run and could provide even greater benefits in the long run.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: OECD/ITF Joint Transport Research Centre Discussion Paper ; No. 2009-20

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Winston, Clifford
• Event: Veröffentlichung
• (who): Organisation for Economic Co-operation and Development (OECD), Joint Transport Research Centre (JTRC)
• (where): Paris
• (when): 2009

Further information

• DOI: doi:10.1787/5kmmr3c5lk6b-en
• Handle: http://hdl.handle.net/10419/68742
• Last update: 10.03.2025, 11:42 AM CET