Showing 141 - 150 of 74,444
This study analyzes the minimum quality standard set by the European Union (EU) through Regulation 1371/2007 of Rail Passengers' Rights and Obligations. A welfare maximizing quality standard raises quality and consumer satisfaction, but does not improve the modal split of rail transport. A...
Persistent link: https://www.econbiz.de/10003952202
Recent rate increases by U.S. freight railroads have refocused attention on regulation, deregulation, and regulatory reforms in the railroad industry. Legislation introduced into Congress would render a variety of railroad behavior newly subject to the jurisdiction of the antitrust statutes,...
Persistent link: https://www.econbiz.de/10014198454
In this paper, we present a nonparametric comparative efficiency analysis of 179 communal public transport bus companies in Germany (1990-2004). We apply both deterministic data envelopment analysis (DEA) and bootstrapping to test the robustness of our estimates and to test the hypothesis of...
Persistent link: https://www.econbiz.de/10014206814
Though many people consider Portland, Oregon, a model of 21st-century urban planning, the region's integrated land-use and transportation plans have greatly reduced the area's livability. To halt urban sprawl and reduce people's dependence on the automobile, Portland's plans use an urban-growth...
Persistent link: https://www.econbiz.de/10012721109
We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French transport industry. The distinctive feature of the study is that it considers regulatory regimes as endogenously determined choices, explained by...
Persistent link: https://www.econbiz.de/10012839257
English Abstract: This paper presents evidence of the head-on open access competition which took place on the market of long-distance passenger rail services in Poland in 2009-2015. The regional governments-owned challenger managed to raise its market share to more than 33% (2010) but eventually...
Persistent link: https://www.econbiz.de/10012921994
This paper studies access pricing under three regimes: regulated access (VSR), negotiated access with discriminatory pricing (VSD) and negotiated access with non-discriminatory pricing (VSN). We compare each regime along three metrics: network quality, consumer surplus, and social welfare. To do...
Persistent link: https://www.econbiz.de/10012895972
The U.S. federal government enacted fuel efficiency standards for medium and heavy trucks for the first time in September 2011. Rationales for using this policy tool typically depend upon frictions existing in the marketplace or consumers being myopic, such that vehicle purchasers undervalue the...
Persistent link: https://www.econbiz.de/10012970317
The present article discusses economic issues related to the design of optimal regulatory contracts on the example of the urban public transport industry. It highlights the importance of the design of efficient regulatory contracts in the context of changes facing the urban transportation...
Persistent link: https://www.econbiz.de/10012963366
This study examines whether a public-private partnership (PPP) arrangement improved operational cost efficiency in Korea's urban rail transit system. Overall, evidence suggests that private participation has not contributed to cost reduction in service operation. The study also explains how the...
Persistent link: https://www.econbiz.de/10013032289