Citation

Schwarz-Miller A, Talley WK. Res. Transp. Econ. 1994; 3: 95-117.

Copyright

(Copyright © 1994, Elsevier Publishing)

DOI

10.1016/S0739-8859(09)80006-1

PMID

unavailable

Abstract

The study investigates the impact of motor bus regulation and deregulation on the earnings of motor bus drivers for the period 1973-1990. It finds that the labor regulatory-rent-sharing phenomenon documented in the trucking industry and the erosion of rents following deregulation did not occur in the motor bus industry. Union driver wages declined after deregulation, but so did those of nonunion drivers, with no decline in the union premium. Further, both union and nonunion drivers were found to be paid in line with their counterparts in nontransport industries during regulation and deregulation.