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 multipleinput distance function model is estimated in order to evaluate the...

The reform of European railroads is a time-consuming process strongly charac-terized by its path-dependency. Firstly, a short outline of the historical roots of the controversial debates on the role of the state and the markets, and the organi-zation of competition in European railroad...