FROM ISSUE NUMBER 95 - SPRING 1989 GO TO TABLE OF CONTENTS

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The mismanagement of air transport: a supply-side analysis

ROBERT W. HAHN and RANDALL W. KROSZNER

THE LAST decade has witnessed dramatic changes in the regulation of the U.S. transportation sector.  Transport firms enjoy greater freedom in setting prices, entering and leaving markets, and offering new services. Partial deregulation of the airline, bus, railroad, and trucking industries has increased efficiency and saved consumers money. Annual savings from airline deregulation alone may exceed $15 billion. 

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