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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:  View help for Summary 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:  View help for Subject Terms Administrative Data
JEL Classification:  View help for JEL Classification
      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:  View help for Geographic Coverage Colonial India
Time Period(s):  View help for Time Period(s) 1882 – 1912
Universe:  View help for Universe All railway systems operating in colonial India.
Data Type(s):  View help for Data Type(s) administrative records data; observational data

Methodology

Data Source:  View help for Data Source Government administrative records.
Unit(s) of Observation:  View help for Unit(s) of Observation Railway System,

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