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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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) |
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Sub-title: | A Theoretical Investigation |
Language: | English |
Date: | 18 July 2011 |
Uncontrolled Keywords: | Regulation, competition, vertical integration, rail passenger transportation |
JEL Classification: | 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: | 02 Apr 2021 15:36 |
OAI Identifier: | oai:tse-fr.eu:24800 |
URI: | https://publications.ut-capitole.fr/id/eprint/3601 |