The aim of this paper is to examine the feasibility of identifying an appropriate rail scarcity charge which would make operators pay for their use of rail capacity in line with the opportunity cost of the use of these slots and to give some idea of the likely effects of such charges. The way in...

The aim of this paper is to examine the feasibility of identifying an appropriate rail scarcity charge which would make operators pay for their use of rail capacity in line with the opportunity cost of the use of these slots and to give some idea of the likely effects of such charges. The way in...

Abstract Governments make substantial contributions to the finance of railways in Europe. This paper first considers the possible justifications for subsidies – namely normalisation of accounts, public service obligations, economies of density, relief of externalities on other modes, wider...