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One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...
Persistent link: https://www.econbiz.de/10014124546
When Congress passes legislation that mandates prescriptive regulations, legislators are under no obligation to understand the problem they are trying to solve, assess alternative solutions, or understand the benefits and costs of their choices. Passage of the positive train control mandate in...
Persistent link: https://www.econbiz.de/10014125908
The railways of Russia and the CEE countries - generally much more freight oriented, and much more important to their countries' economies, than those of Western Europe - are in the process of restructuring. In most cases the "vertical separation" reform model is being pursued, and reformers are...
Persistent link: https://www.econbiz.de/10014053453
The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on...
Persistent link: https://www.econbiz.de/10014067889
Purpose: The objective of this study is to explore and to examine supportive factors of Mass Rapid Transport (MRT) implementation in Jakarta, Indonesia. At this stage of development, resistance to the implementation of MRT is the main barrier factor to MRT’s development. Therefore, successful...
Persistent link: https://www.econbiz.de/10014035426
The Interstate Commerce Commission (ICC) is a classic example of regulation, and the origins and operation of this agency have been much analyzed. These have been variously described as examples of public interest regulation, capture regulation, and what I have called predatory regulation. By...
Persistent link: https://www.econbiz.de/10013298509
Bus Rapid Transit (BRT) systems have existed for more than 50 years, but they are still uncommon and unfamiliar. This review article synthesizes the findings of 42 papers which have discussed reasons for the slow adoption of BRT. Eleven causes were identified and the causes are usually different...
Persistent link: https://www.econbiz.de/10014255612
Regulation of public transport operators is theorised to feature a cyclical tendency from publicly owned monopoly to various types of private schemes and then back to public monopoly. This paper analyses the evidence for a regulatory cycle and whether there are stable regulatory regimes in the...
Persistent link: https://www.econbiz.de/10014256048
In response to concerns about the lack of competition and the resulting high rail rates, the Biden administration has proposed mandating reciprocal switching, which provides shippers access to competing railroads. The administration also has advocated for final offer rate review as an affordable...
Persistent link: https://www.econbiz.de/10014265030
The aim of this study is twofold. First, it aims to put forward new information concerning the technical characteristics of State Road Transport Undertakings (henceforth, STUs) on the basis of a sample of medium and large-size Indian states. Second, it aims to analyze the level of productive...
Persistent link: https://www.econbiz.de/10014164459