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Naturally monopolistic network industries are subject to regulation of access to market and charging in order to achieve optimal use of infrastructure and avoid the abuse of monopoly power. Relatively little is known what results does such regulation generate and whether it achieves objectives....
Persistent link: https://www.econbiz.de/10012907852
This paper examines changes in productivity and profitability of Uttar Pradesh State Road Transport Corporation (UPSRTC) using its annual data from 1984-85 to 2009-10. Another objective of the paper is to demonstrate the usefulness of calculating the total price performance measure, i.e.,...
Persistent link: https://www.econbiz.de/10013050999
I study the effects of a tax on ride-sharing trips in Chicago, which was nominally motivated by a desire to reduce congestion, but which also affected competition between ride-sharing platforms and traditional taxis. I find that platforms passed through more than 100% of the tax to consumers...
Persistent link: https://www.econbiz.de/10013233797
The duality between cost and production function can be a key point to explore regulation process in Agent-Principal model because the Principal observes outputs in inputs and has asymmetric information about the cost by the Agent. This paper investigates the properties of production functions...
Persistent link: https://www.econbiz.de/10013235553
The transport economics literature has indicated that introduction of competition for the market in urban bus services (i.e. by means of competitive bidding) could promote cost-efficiency with low fares and better quality services. Therefore, this paper analyse the main outcomes and the latest...
Persistent link: https://www.econbiz.de/10012023409
of the concession's system in Brazil, Mexico, Chile, Colombia and USA, aiming to identify the characteristics and … (Factor X); Use of the concession length as a tool to reset the EEF; (Chile) MVPR as selection criteria and risk-sharing tool … Chile. Beyond that, it’s worth noting that the use of cross-subsidy creates unwelcome economic signs and, since Adam Smith …
Persistent link: https://www.econbiz.de/10011817263
The Europeanisation of public services is frequently considered to have created pressure for Member States to progressively converge towards a new dominant organisational model, based on deregulation, de-integration and privatization. However, while in some sectors (eg. electricity,...
Persistent link: https://www.econbiz.de/10010860057
London, UK and Santiago, Chile. We find that the substitutability between policies is large and, in particular, the marginal …
Persistent link: https://www.econbiz.de/10011014386
South Korea, like many countries, is engaged in a policy debate concerning possible railways reforms. However, unlike most countries, here the focus of discussion has been the government’s proposal to open high-speed passenger train lines to a second train company that would supply on-track...
Persistent link: https://www.econbiz.de/10011260703
In this paper, we study how maritime ferry industries should be regulated. This is a fundamental issue in so far as maritime transport between islands and mainland is a service of general interest. We argue that the policy design crucially depends on the goals the collectivity pursues (pure...
Persistent link: https://www.econbiz.de/10005086464