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This study provides a detailed and easy-to read overview of the railway liberalisation in Belgium and the three … neighbouring countries. The European Union's liberalisation Directives are often complex and are implemented in very specific ways … enterprises with the separation of infrastructure from operations. The study takes a look at the impact of the European rail …
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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...
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What is a good balance between competition and coordination in network industries? Network unbundling aims to promote competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be replaced by external market mechanisms. This is a...
Persistent link: https://www.econbiz.de/10010423547
Purpose - The purpose of this study is to compare the competition and productivity of the US freight rail … of a regulatory body in the freight transportation market impacted the productivity of the freight rail transportation …. Findings - This study found that, after the abolishment of the ICC: (1) the rail industry became less competitive, (2) even if …
Persistent link: https://www.econbiz.de/10014549645
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403