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This paper analyzes the performance of the European railway sector in the period of deregulation (1990-2005). Using a …
Persistent link: https://www.econbiz.de/10005545376
The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical effciency 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/10005729411
modals, deregulation policies are the most relevant. The aim of this article is to contrast if these deregulation policies …. Results using aggregated data show empirical evidence of a positive association between deregulation and efficiency. However … deregulation level or even a management model that can be used as a reference in efficiency terms. …
Persistent link: https://www.econbiz.de/10010764845
in the French urban public transport industry, operations are often delegated and periodically put out for tender. Thus, operators’ incentives to reduce costs come from both profit maximization during the current contract and from the perspective of contract renewal. We construct a dynamic...
Persistent link: https://www.econbiz.de/10010732257
In the French urban public transport industry, services are often delegated to a private firm by the mean of a fixed-term regulatory contract. This contract specifies the duties of the firm and a financial compensation. When it expires, a new contract is awarded, possibly to a different...
Persistent link: https://www.econbiz.de/10005043418
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...
Persistent link: https://www.econbiz.de/10005113822
findings provide strong support for the hypothesis that motor bus deregulation, by creating an increasingly competitive … status of unionized white female drivers relative to white males improved significantly subsequent to deregulation, with …
Persistent link: https://www.econbiz.de/10005196790
accidents. However, deregulation of the trucking industry did not have a statistically significant adverse effect on these …
Persistent link: https://www.econbiz.de/10005519065
Using time series techniques, we contrast the impact of deregulation in trucking and rail labor markets. During … rail wages had a stable, deterministic relationship prior to deregulation. After deregulation, however, the mean trucking … deregulation’s negative impact on trucking wages was nondiscrete and occurred primarily between 1980 and 1984. …
Persistent link: https://www.econbiz.de/10005668906
fundamental to use extended and updated data covering the more recent period and more countries, given that most deregulation …
Persistent link: https://www.econbiz.de/10010662882