Input price effect on productivity gains in the United States railroad industry

This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on...

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Main Authors: Azrina Abdullah Al-Hadi,, Peoples, James
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2016
Online Access:http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf
http://journalarticle.ukm.my/10775/
http://www.ukm.my/fep/jem/content/2016-2.html
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spelling my-ukm.journal.107752017-10-10T09:35:15Z http://journalarticle.ukm.my/10775/ Input price effect on productivity gains in the United States railroad industry Azrina Abdullah Al-Hadi, Peoples, James This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on railroad productivity. Such an analysis significant in part because of the importance of fuel prices and wages as drivers of cost in this industry. Findings suggest that price effects are not the main source of changes in productivity. However, among the price effects, the price of material and price of way and structures show larger and significant magnitudes in explaining the sources of changes in productivity compared to other prices. Interestingly, price of labor and price of fuel are the input prices that contribute the least to changes in unit cost. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf Azrina Abdullah Al-Hadi, and Peoples, James (2016) Input price effect on productivity gains in the United States railroad industry. Jurnal Ekonomi Malaysia, 50 (2). pp. 3-14. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2016-2.html
institution Universiti Kebangsaan Malaysia
building Perpustakaan Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description This study examines factor input price effects on productivity in the railroad industry. Past research examining productivity trends in this industry limit their analysis to the effect of non-factor input prices. This study contributes to the literature by considering the effect of input prices on railroad productivity. Such an analysis significant in part because of the importance of fuel prices and wages as drivers of cost in this industry. Findings suggest that price effects are not the main source of changes in productivity. However, among the price effects, the price of material and price of way and structures show larger and significant magnitudes in explaining the sources of changes in productivity compared to other prices. Interestingly, price of labor and price of fuel are the input prices that contribute the least to changes in unit cost.
format Article
author Azrina Abdullah Al-Hadi,
Peoples, James
spellingShingle Azrina Abdullah Al-Hadi,
Peoples, James
Input price effect on productivity gains in the United States railroad industry
author_facet Azrina Abdullah Al-Hadi,
Peoples, James
author_sort Azrina Abdullah Al-Hadi,
title Input price effect on productivity gains in the United States railroad industry
title_short Input price effect on productivity gains in the United States railroad industry
title_full Input price effect on productivity gains in the United States railroad industry
title_fullStr Input price effect on productivity gains in the United States railroad industry
title_full_unstemmed Input price effect on productivity gains in the United States railroad industry
title_sort input price effect on productivity gains in the united states railroad industry
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2016
url http://journalarticle.ukm.my/10775/1/jeko_50%282%29-1.pdf
http://journalarticle.ukm.my/10775/
http://www.ukm.my/fep/jem/content/2016-2.html
_version_ 1643738251324817408
score 13.211869