Separation versus Integration in International Rail Markets

Friebel, Guido, Ivaldi, Marc and Pouyet, Jérôme (2011) Separation versus Integration in International Rail Markets: A Theoretical Investigation. TSE Working Paper, n. 11-248

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Official URL: http://tse-fr.eu/pub/24800

Abstract

This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis. Returns-to-scale and the intensity of competition are key to understanding the impact of vertical integration or separation between infrastructure and operation services within each country in the presence of international transport services. We also consider an option in which a transnational infrastructure manager is in charge of offering a coordinated access to the national networks. In our model, it turns out to be an optimal industry structure.

Item Type: Monograph (Working Paper)
Sub-title: A Theoretical Investigation
Language: English
Date: 18 July 2011
Uncontrolled Keywords: Regulation, competition, vertical integration, rail passenger transportation
JEL codes: L51 - Economics of Regulation
L92 - Railroads and Other Surface Transportation - Autos, Buses, Trucks, and Water Carriers; Ports
R48 - Government Pricing; Regulatory Policies
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 18 Jan 2012 06:04
Last Modified: 07 Mar 2018 13:22
OAI ID: oai:tse-fr.eu:24800
URI: http://publications.ut-capitole.fr/id/eprint/3601

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