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Despite regulatory reforms in a number of countries, competition in transit markets is still relatively rare. Moreover, where it does occur it tends to be small group in nature and the outcomes are difficult to predict. In this paper, simulation models of competition in inter-urban rail markets...
Persistent link: https://www.econbiz.de/10005131115
This paper reviews 10 years of passenger rail franchising in Great Britain and highlights problems in three areas: the tension between commercial and social objectives; the presence of risks and uncertainty; and vulnerability to strategic behaviour such as low-balling, chiselling and back...
Persistent link: https://www.econbiz.de/10005131122
A major concern of business with respect to transport-charging interventions is the context of revenue-investment policy, particularly how the timing of improvements may alter the time lags between fewer car journeys and more public transport journeys, and the problems for business in the...
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The aim of this paper is to review the emerging evidence on competition in the long distance passenger rail service. This draws on the three bodies of evidence. In section 2, we examine the ex-ante evidence from theoretical models based on Preston (2008a). In section 3, we examine the ex-post...
Persistent link: https://www.econbiz.de/10010291175
The concept of integrated and seamless transport has wide political support but framing effective policies that deliver the desired outcome has proved difficult. This paper builds on and updates earlier work by the author that attempted to analyse the reasons for the relative failure of...
Persistent link: https://www.econbiz.de/10010291226
The paper examines the linkages between transport and the economy with particular focus on the basis for additionality of wider economic benefits from road transport infrastructure improvements. A major weakness of current appraisal practice of road transport infrastructure projects is its basis...
Persistent link: https://www.econbiz.de/10011324685
From its origin with the Tokaido Shinkansen in 1964, High Speed Rail (HSR), defined here as new rail lines capable of operating speeds of 250 kilometres per hour or more, has grown relatively slowly over the last 50 years, with the World HSR network as of late 2013 standing at under 22 000 km....
Persistent link: https://www.econbiz.de/10010352696