This paper examines whether the results of cost-benefit analyses (CBA) for road and rail projects can be compared with each other. Road and rail projects address different transport needs and aim to solve different problems. This does not make comparisons between CBAs for each mode impossible,...

Railway efficiency is a topic of interest worldwide for railway managers operating in competitive markets and for fiscally strained governments. Several recent studies indicate that European railways differ in terms of their efficiency. Based on a comparison with some major non-European railway...

The article is devoted to a phenomenon called vertical separation in the area of network industries. Vertical separation is understood as de-merging of infrastructure and delegating control over it to independent manager banned from operating on downstream markets which are subject to...