Combination, Not Competition, of Railroads

Membrane Research in a Global Context Requires Collaboration, not Competition!

Competition at Work: Railroads vs. Monopoly in the U.S. Shipping Industry*

This study primarily establishes two things: (1) that monopoly has been pervasive in the U.S. water transportation industry in both the 19th and 20th centuries and has led to prices above competitive levels and the adoption of inefficient technologies and (2) that the competition of railroads has greatly weakened this monopolistic tendency, leading to lower water transport prices and fewer inef...

Railroads and American Law

Railroads and American Economic Growth : A

This paper examines the historical impact of railroads on the American economy, with a focus on quantifying the aggregate impact in the agricultural sector in 1890. Expansion of the railroad network may have affected all counties directly or indirectly — an econometric challenge that arises in many empirical settings. However, the total impact on each county is captured by changes in that count...

The Economic Impact of the Railroads