Kennedy, John; Smith, Andrew S. J. - In: Journal of Transport Economics and Policy 38 (2004) 2, pp. 157-190
The objective of this paper is to inform the debate on how efficiency targets for Network Rail (formerly Railtrack) should be set during the 2002/03 Interim Review and beyond. Given the problems experienced during the 2000 Periodic Review, which focused on external benchmarks, we propose an...