Trucker Shortage as Government Failure

17 Pages Posted: 19 Mar 2016 Last revised: 6 Dec 2022

See all articles by Jeremy Kidd

Jeremy Kidd

Drake University - Law School

Joseph Padgett

Roden Law

Date Written: March 17, 2016

Abstract

The United States is experiencing a shortage of large-truck drivers. Such a shortage might normally be attributed to a failure in the market for driver services. Instead, this article argues that the trucker shortage is an example of government failure, wherein government regulations fail to achieve any gains and, instead, worsen existing problems in the regulated industry.

Keywords: public choice, government failure, market failure, regulation

JEL Classification: D21, D40, D50, D73, D78, K23, L51

Suggested Citation

Kidd, Jeremy and Padgett, Joseph, Trucker Shortage as Government Failure (March 17, 2016). Available at SSRN: https://ssrn.com/abstract=2749109 or http://dx.doi.org/10.2139/ssrn.2749109

Jeremy Kidd (Contact Author)

Drake University - Law School ( email )

27th & Carpenter Sts.
Des Moines, IA 50311
United States

Joseph Padgett

Roden Law ( email )

333 Commercial Drive
Savannah, GA 31406
United States
9123035850 (Phone)

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