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The paper presents the results of a research on railway regulation and liberalisation in Italy, France, Germany and …
Persistent link: https://www.econbiz.de/10008855557
This report develops a roadmap for reliability policy in network industries. Based on economic theory, we analyse the relationship between reliability and various types of government policy: privatisation, liberalisation, regulation, unbundling, and 'commitment policy'. We let government...
Persistent link: https://www.econbiz.de/10005708057
Persistent link: https://www.econbiz.de/10008551632
Recent rate increases by U.S. freight railroads have refocused attention on regulation, deregulation, and regulatory reforms in the railroad industry. Legislation introduced into Congress would render a variety of railroad behavior newly subject to the jurisdiction of the antitrust statutes,...
Persistent link: https://www.econbiz.de/10008551989
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/10008498987
This paper examines the determinants of truck accidents in the United States using a time series data set covering the period 1970-2001. Econometric models are developed and subjected to a set of specification error tests so as to increase the probability of selecting models which are...
Persistent link: https://www.econbiz.de/10005519065
Using data from a Bank of Italy survey, this paper analyzes the Italian taxi market and its recent changes. Local …
Persistent link: https://www.econbiz.de/10005467322
results of a survey of the Bank of Italy on the main Italian cities show that the supply of taxi is much lower than that of … one adopted in Italy, lacks a solid analytical as well an empirical basis for support. Likely, the lower availability of … taxi in Italy does not reflect only quantity and price regulation but also other characteristics of the regulation itself …
Persistent link: https://www.econbiz.de/10005467331
This paper analyzes the performance of the European railway sector in the period of deregulation (1990-2005). Using a stochastic frontier panel data model that controls for unobserved heterogeneity a multiple-output multiple input distance function model is estimated in order to evaluate the...
Persistent link: https://www.econbiz.de/10005545376
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