Open AccessThe Proposed Virginia Coal Slurry Pipeline And Its Employment Effects On The Railroad Industry
Author(s) -
Ehsan Ahmed,
Paul F. White
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v6i4.6275
Subject(s) - coal slurry , slurry , coal , pipeline (software) , coal mining , waste management , pipeline transport , environmental science , agricultural economics , natural resource economics , business , mining engineering , engineering , economics , environmental engineering , mechanical engineering
This study uses estimated price elasticity of coal to compute the potential employment effects of a coal slurry pipeline. Our conclusion is that a $5 per ton decrease in coal price due to a slurry pipeline will cause an approximately 6.74 million tons of reduction of shipment from railroads. This will cost the railroad industry approximately 440 jobs. The feasibility study of coal slurry is desirable because it produces new jobs and reduces prices for consumers.