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The objective of this article is to analyze European railways’ incentives to improve efficiency in the recent liberalization context. We build and estimate a structural model accounting for regulatory pressures faced by the firms. Our model includes demand equations, capacity constraints and a...
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[eng] This study presents a methodology to evaluate the impact of a new transportation infrastructure on social welfare, taking into account both inter-and intramodal competition. The new infrastructure alters the characteristics of the transportation mode involved, entailing changes in the...
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