Isbn: 9781330760741 - unionization and regulation: the division of rents in the trucking industry (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book examines the distribution of regulatory rents in the trucking industry between trucking firms and the Teamsters Union. The author examines the division of regulatory rents in the trucking industry between the owners of trucking firms and members of the Teamsters Union. Previous studies of the effects of the Teamsters Union on the trucking industry have focused on wage trends or union/nonunion wage differentials. The findings of these studies are difficult to interpret and do not reveal the split of rents between the union and trucking companies. The author estimates the impact of unionization directly from trucking companies' profits. The book concludes that the union has been a powerful force in the trucking industry, with estimates of the union's share of profits averaging about seventy percent of total rents. The author argues that this has resulted in rents per worker of fifty to sixty thousand dollars in present discounted value, or five to six thousand dollars annually. This book provides new insights into the division of rents between labor and capital in regulated industries and the broader implications for economic efficiency and industry performance. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…