In the course of railway reforms in the end of the last century, national European governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway companies - companies owning a network and providing transport...

In the course of railway reforms in the end of the last century, national European governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway companies companies owning a network and providing transport...

In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus oil economics of vertical integration. We test the hypothesis that integrated railways realise economies of scope and, thus, produce railway services with a...

In the early 1990s the European Commission and the national governments of the EU member states initiated an extensive deregulation and liberalization process in the European railway industry. Prior to this process, the European railway industry was characterized by loosely connected national...

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...

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...