Trucker Shortage as Government Failure

Loyola University Chicago Journal of Regulatory Compliance, Vol. 1, No. 1 (2016)

22 Pages Posted: 19 Mar 2016 Last revised: 26 Jul 2018

See all articles by Jeremy Kidd

Jeremy Kidd

Mercer University - Walter F. George School of Law

Joseph Padgett

Mercer University, Walter F. George School of Law, Students

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). Loyola University Chicago Journal of Regulatory Compliance, Vol. 1, No. 1 (2016). Available at SSRN: https://ssrn.com/abstract=2749109 or http://dx.doi.org/10.2139/ssrn.2749109

Jeremy Kidd (Contact Author)

Mercer University - Walter F. George School of Law ( email )

1021 Georgia Ave
Macon, GA 31207-0001
United States

Joseph Padgett

Mercer University, Walter F. George School of Law, Students ( email )

Macon, GA
United States

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