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Articles 1 - 2 of 2
Full-Text Articles in Transportation Law
Determinants Of Traffic Fatalities In The U.S., Hanna Stapleton
Determinants Of Traffic Fatalities In The U.S., Hanna Stapleton
Journal of Undergraduate Research at Minnesota State University, Mankato
This paper investigates the determinants of motor vehicle fatalities in each of the 50 states in the U.S., along with the District of Columbia. Using a panel data set from 1994 to 2005, we analyze how the factors, such as safety belt laws, speed control, alcohol usage, fine, driving conditions and annual vehicle-miles of travel (VMT), affect the incidence of traffic fatalities. Econometric models are developed and the estimates are obtained from a general-to-specific specification search based upon all the diagnostic tests in order to increase the probability of selecting models which are statistically reliable. The empirical results show that …
Revenue Adequacy: The Good, The Bad And The Ugly, John W. Mayo
Revenue Adequacy: The Good, The Bad And The Ugly, John W. Mayo
John W Mayo
Abstract: The concept of “revenue adequacy” made its way into the legal governance of the rail industry prior to the industry’s substantial deregulation via the Staggers Rail Act in 1980. This seemingly quiet feature of rail legislation has, however, increasingly grown central to the regulatory-deregulatory fault line in the 21st century rail industry. This paper examines the concept of revenue adequacy, a benchmark of United States railroad firms' financial performance calculated annually by regulatory oversight bodies. The paper addresses questions around the origins, measurement, informational provisions, value and policy benefits and costs of revenue adequacy. An examination of the historical …