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Restructuring the Polish Railway for Competition

Ordover, Janusz; Pittman, Russell - EconWPA - 2001

The Polish government is considering methods of the privatizing and possible restructuring of the Polish National Railway, PKP, that would improve the efficiency of the railroad while creating some form of competition in order to prevent monopoly pricing. Traditional intramodal competition is...

Persistent link: https://www.econbiz.de/10005412942

Competition Policy for Natural Monopolies in a Developing Market Economy

Ordover, Janusz; Pittman, Russell; Clyde, Paul - EconWPA - 2001

West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This … paper focuses on three aspects of the design of regulatory policy in these countries: the appropriate sectors for regulation …

Persistent link: https://www.econbiz.de/10005561393

Railway regulation in 19th Century Britain: the economic rationale and legacy of Gladstone and Chadwick

Bailey, Mark F. - EconWPA - 2003

This paper examines the economic rationale of the ideas of Gladstone & Chadwick on railway regulation and the legacy of … their ideas. In 1844 Gladstone proposed and implemented what we would now call price and quantity regulation whereas in 1859 … today; the basic pattern of price and some quantity regulation inaugurated by Gladstone was not abolished until the 1960 …

Persistent link: https://www.econbiz.de/10005076645

A Note on Non-Discriminatory Access to Railroad Infrastructure

Pittman, Russell - EconWPA - 2003

The setting of user prices for enterprises with large fixed costs and marginal costs below average costs – “natural monopolies” – raises important policy questions regarding both efficiency and equity. It has become well accepted among economists that, in a variety of settings, welfare...

Persistent link: https://www.econbiz.de/10005076868

Railway Competition: Options for the Russian Federation

Pittman, Russell - EconWPA - 2001

In its first steps toward reform of its huge and hugely important railway system, the Russian Federation has begun corporate restructuring of a kind favored by many students of railway reform throughout the world: some kind of separation of the entity controlling the infrastructure from the...

Persistent link: https://www.econbiz.de/10005412919

Privatization and Regulatory Reform in Brazil: The Case of Freight Railways

Estache, Antonio; Goldstein, Andrea; Pittman, Russell - EconWPA - 2001

A variety of proposals for creating more competition within the railroad sector and in the broader freight transport sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider infrastructure reform, has recently taken large steps in...

Persistent link: https://www.econbiz.de/10005556074

Vertical Restructuring of the Infrastructure Sectors of Transition Economies

Pittman, Russell - EconWPA - 2001

One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...

Persistent link: https://www.econbiz.de/10005134435

The Uneasy Case for the Flat Tax

Buckley, Francis; Rasmusen, Eric - EconWPA - 1999

There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...

Persistent link: https://www.econbiz.de/10005076588

Policy Reform in Networks Infrastructure: The Case of Mexico

Tovar-Landa, Ramiro - EconWPA - 1997

This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in the telecommunications sector. In spite of deregulation and privatization policies in the recent past, there are threats from regulatory failures which create obstacles in the...

Persistent link: https://www.econbiz.de/10005076639

Understanding Regulatory Environments and their Impact on Economic Change

James, Harvey; Johnson, Derek - EconWPA - 2002

, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating …

Persistent link: https://www.econbiz.de/10005076905

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