This paper studies the effects of introducing competition for local passenger railway markets in the German state of Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the market with lines procured by direct negotiations with the incumbent. Our results suggest that the competitively procured lines enjoyed a stronger growth of the frequency of service than those that were not procured competitively, even after controlling for various line characteristics that might have had an independent influence on the frequency of service. Our results further suggest that the effects of competition may depend strongly on the operator.
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Volume (Year): 26 (2008) Issue (Month): 2 (March) Pages: 443-458 Download reference. The following formats are available: HTML
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Stefan Boes & Markus Lipp & Rainer Winkelmann, 2005.
"Money Illusion Under Test,"
Working Papers
0514, University of Zurich, Socioeconomic Institute.
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Boes, Stefan & Lipp, Markus & Winkelmann, Rainer, 2007.
"Money illusion under test,"
Economics Letters,
Elsevier, vol. 94(3), pages 332-337, March.
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Daniel Halbheer & Ernst Fehr & Lorenz Goette & Armin Schmutzler, 2007.
"Self-Reinforcing Market Dominance,"
Working Papers
0711, University of Zurich, Socioeconomic Institute.
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Daniel Halbheer & Ernst Fehr & Lorenz Goette & Armin Schmutzler, .
"Self-Reinforcing Market Dominance,"
Working Papers
0094, University of Zurich, Institute for Strategy and Business Economics (ISU).
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