Replication data for: Regulation, Ownership, and Costs: A Historical Perspective from Indian Railways
Principal Investigator(s): View help for Principal Investigator(s) Dan Bogart; Latika Chaudhary
Version: View help for Version V1
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Dataset-AEJPol-2010-0178 | 10/26/2021 11:42:AM | ||
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Project Citation:
Bogart, Dan, and Chaudhary, Latika. Replication data for: Regulation, Ownership, and Costs: A Historical Perspective from Indian Railways. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114777V1
Project Description
Summary:
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This paper studies the relationship between operational costs and state ownership in Indian railways between 1874 and 1912. We find the move to state ownership significantly decreased working expenses. The cost declines are not driven by anticipation effects, changes in reporting standards, or long run trends. Rather, the evidence suggests the colonial Government of India reduced operational costs by cutting labor costs. Our surprising results can be explained by the undemocratic colonial nature of the Government of India, a fiscal system heavily reliant on railways for revenues, and a regulatory environment under private ownership that weakened incentives to lower costs. (JEL L32, L51, L92, N45, N75, O18, R41)
Scope of Project
Subject Terms:
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Administrative Data
JEL Classification:
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L32 Public Enterprises; Public-Private Enterprises
L51 Economics of Regulation
L92 Railroads and Other Surface Transportation
N45 Economic History: Government, War, Law, International Relations, and Regulation: Asia including Middle East
N75 Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East
O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
L32 Public Enterprises; Public-Private Enterprises
L51 Economics of Regulation
L92 Railroads and Other Surface Transportation
N45 Economic History: Government, War, Law, International Relations, and Regulation: Asia including Middle East
N75 Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East
O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
Geographic Coverage:
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Colonial India
Time Period(s):
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1882 – 1912
Universe:
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All railway systems operating in colonial India.
Data Type(s):
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administrative records data;
observational data
Methodology
Data Source:
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Government administrative records.
Unit(s) of Observation:
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Railway System,
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