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This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
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The global experience with economic regulation shows that many industries which are subjected to economic regulation are characterised by persistent monopolistic features in at least some of the industry segments. Under such conditions, one or a few firms generally retain a monopolistic or...
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This paper studies the role played by politics in shaping the Italian railway network, and its impact on long-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century in a recently unified country, we first study how both...
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