The economic effects of government regulation: Evidence from the New York taxicab market

Simple item page
dc.contributor.authorÇetin, Tamer
dc.contributor.buuauthorEryiğit, Kadir Yasin
dc.contributor.departmentUludağ Üniversitesi/İktisadi ve İdari Bilimler Fakültesi/Ekonometri Bölümü.tr_TR
dc.contributor.researcheridAAH-1618-2021tr_TR
dc.contributor.scopusid35766379800tr_TR
dc.date.accessioned2022-12-05T11:32:19Z
dc.date.available2022-12-05T11:32:19Z
dc.date.issued2013-01-24
dc.description.abstractThis paper empirically investigates the economic effects of government regulation in a regulated taxicab market. We use a cointegration model with structural breaks to test the hypothesis that government regulation increases the price of the regulated good and/or causes the monopoly price. We examine the New York taxicab market and argue that regulation brings about artificial rents by increasing medallion prices, and an increase in medallion prices gives rises to upward pressure on taxi fares. The evidence presented shows that regulation of the New York taxicab market increases medallion prices, and this increase in medallion prices pressures on taxi fares.en_US
dc.identifier.citationÇetin, T. vd. (2013). ''The economic effects of government regulation: Evidence from the New York taxicab market''. Transport Policy, 25, 169-177.en_US
dc.identifier.endpage177tr_TR
dc.identifier.issn0967-070X
dc.identifier.issn1879-310X
dc.identifier.scopus2-s2.0-84873053464tr_TR
dc.identifier.startpage169tr_TR
dc.identifier.urihttps://doi.org/10.1016/j.tranpol.2012.11.011
dc.identifier.urihttps://www.sciencedirect.com/science/article/pii/S0967070X12001862
dc.identifier.urihttp://hdl.handle.net/11452/29670
dc.identifier.volume25tr_TR
dc.identifier.wos000316532900017tr_TR
dc.indexed.scopusScopusen_US
dc.indexed.wosSSCIen_US
dc.language.isoenen_US
dc.publisherElsevier Scienceen_US
dc.relation.collaborationYurt içitr_TR
dc.relation.journalTransport Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergitr_TR
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectBusiness & economicsen_US
dc.subjectTransportationen_US
dc.subjectTaxicabsen_US
dc.subjectEntry regulationen_US
dc.subjectPrice controlsen_US
dc.subjectElasticityen_US
dc.subjectCointegrationen_US
dc.subjectStructural breaksen_US
dc.subjectUnit-rooten_US
dc.subjectEntry Regulationen_US
dc.subjectCostsen_US
dc.subjectPriceen_US
dc.subjectNew York [United States]en_US
dc.subjectUnited Statesen_US
dc.subjectCointegration analysisen_US
dc.subjectElasticityen_US
dc.subjectMonopolyen_US
dc.subjectPublic transporten_US
dc.subjectStandard (regulation)en_US
dc.subjectTransportation economicsen_US
dc.subject.scopusTaxis; Passengers; Lacken_US
dc.subject.wosEconomicsen_US
dc.subject.wosTransportationen_US
dc.titleThe economic effects of government regulation: Evidence from the New York taxicab marketen_US
dc.typeArticle
dc.wos.quartileQ1en_US
dc.wos.quartileQ2 (Transportation)en_US

Files

License bundle
Now showing 1 - 1 of 1
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Web of Science
Scopus