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Transportation Safety in an Age of Deregulation (Hardcover, New)
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Transportation Safety in an Age of Deregulation (Hardcover, New)
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Recent legislation deregulating the airline and trucking industries
has enhanced competition and reduced real transportation prices by
putting pressure on firms to operate more efficiently. Yet, with
the entry of many new small airlines and trucking firms facing the
financial pressures of competition, many legislators fear that
public safety will be reduced due to compromises in maintenance,
equipment replacement, recruitment and training. This volume
examines the theoretical and empirical issues involved in the
debate on the relationship between safety and economic performance
in the airline and trucking industries. Contributors discuss such
factors as the role of government as provider of safety oversight
personnel and airport and road space quality, and conclude that the
government has not acted quickly enough to provide the additional
safety resources to meet the changed needs of the two industries,
though the evidence does not support the notion that deregulation
has compromised safety.
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