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Assessing railway efficiency is complex for a number of reasons. Railways produce a wide range of outputs including passenger service, freight service and, in some cases, separated infrastructure access services. Railways that differ in scale or in the mix of these services inherently differ in...
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This paper looks in detail at the cases of two countries that exhibit extreme cases of transport organization. In both countries, the railway and most of the ports are under unitary control, with essentially no regulation and only limited information available to assess behavior. If economies of...
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The first nationwide regulation of transportation in the United States (U.S.) was intervention in railways. In the 1830 to 1880 period, railways had been over-built in many areas of the country especially the Northeast mainly because of financial speculation in the creation of railway companies....
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The privatization of British Railways (BR) has been deeply controversial. Having concluded that the old BR had run out of financial and managerial steam, the Conservative Government of John Major embarked in 1992 on a radical reform program involving the breakup of the formerly unitary system...
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