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This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
Persistent link: https://www.econbiz.de/10010222818
This paper presents a game-theoretic model of a liberalized railway market, in which train operation and ownership of infrastructure are vertically separated. We analyze how the regulatory agency will optimally set the charges that operators have to pay to the infrastructure manager for access...
Persistent link: https://www.econbiz.de/10013069290
The current level of competition in European commercial passenger rail markets is low and empirical data on customer preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial passenger rail by exploring the determinants of...
Persistent link: https://www.econbiz.de/10009295646
Persistent link: https://www.econbiz.de/10013127829
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10010261671
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10010265126
The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical efficiency of European railways. Using a panel data set of 31 railway firms from 22 European countries from 1994 to 2005, a multioutput distance function model, including regulatory and...
Persistent link: https://www.econbiz.de/10010265179
This paper outlines the evolution, structure and operations of US railroads. It traces the evolution of the railroad network and the regulation framework. The current industry structure is also examined along with organization and operational characteristics. The strategies underlying the...
Persistent link: https://www.econbiz.de/10014038343
Does unbundling ensure efficient railway transportation? The separation of railway operators and infrastructure is supposed to ensure efficient railway transportation. However, the experience with the unbundling of the railway operation in the Czech Republic suggests that unbundling does not...
Persistent link: https://www.econbiz.de/10014044561
South Korea, like many countries, is engaged in a policy debate concerning possible railways reforms. However, unlike most countries, here the focus of discussion has been the government’s proposal to open high-speed passenger train lines to a second train company that would supply on-track...
Persistent link: https://www.econbiz.de/10014159961