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In 2009, President Barak Obama allocated $8 billion in stimulus funding for high speed rail projects across the United States. One year later, in 2010, an additional $2.5 billion was distributed to corridors with High Speed Rail Projects. Even though the most recent congressional budget...
Persistent link: https://www.econbiz.de/10013113666
The stand-alone-cost test has become an expensive, extensive, and time-consuming part of the regulatory practice of the U.S. Surface Transportation Board in the performance of its statutory duty to protect "captive shippers" from monopoly rail rates. Worse, a close examination of the history of...
Persistent link: https://www.econbiz.de/10014196284
"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization …
Persistent link: https://www.econbiz.de/10014075943
This paper studies the effects on local public transport of the reform begun in the late nineties, using data from a recent Bank of Italy survey. There are still substantial differences across Italy's regions, and the level of efficiency is far from the original aims of the reform. Although...
Persistent link: https://www.econbiz.de/10014210445
Recent rate increases by U.S. freight railroads have refocused attention on regulation, deregulation, and regulatory …
Persistent link: https://www.econbiz.de/10012056321
previously incurred that the regulation makes unrecoverable from the marketplace. Costs created by the regulation include …
Persistent link: https://www.econbiz.de/10014581896
. Ausweitungen bei der Regulierung sind nur zu rechtfertigen, soweit monopolistische Engpassbereiche betroffen sind. …A current topic in Germany and the EU is the review of railway legislation regarding access and price regulation as … whether unbundling requirements should be extended. Secondly, it discusses a possible new design of price regulation …
Persistent link: https://www.econbiz.de/10010378010
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
Persistent link: https://www.econbiz.de/10011316405
We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a unique route-level price data set to study both competitive interaction in general and the...
Persistent link: https://www.econbiz.de/10011316417
Der straßengebundene öffentliche Personennahverkehr wurde bislang von Liberalisierungsbestrebungen ausgenommen. Im Personenbeförderungsgesetz sind objektive Marktzugangsbeschränkungen verankert, die lediglich im Fernverkehr, nicht aber im Nahverkehr abgebaut werden sollen. Der Autor...
Persistent link: https://www.econbiz.de/10009620391