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Provision of public transport under conflicting regulatory regimes

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  • Vickerman, Roger

Abstract

In this paper, we develop a simple model of regulatory competition in a multi-agency world. This argues that regulatory competition and potential conflicts arise in a similar way to tax competition between jurisdictions. This is then applied to contrasting situations drawn from metropolitan transport and cross-border rail services in Europe. The analysis demonstrates how regulatory conflicts can lead to inefficiencies which impact not just on the provision of transport services, but also on the potential wider benefits from transport, most notably labour market efficiency and productivity growth.

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Bibliographic Info

Article provided by Elsevier in its journal Transportation Research Part A: Policy and Practice.

Volume (Year): 42 (2008)
Issue (Month): 9 (November)
Pages: 1176-1182

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Handle: RePEc:eee:transa:v:42:y:2008:i:9:p:1176-1182

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Keywords: Regulatory competition Regulatory conflict Wider economic impacts Asymmetric information;

References

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Citations

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Cited by:
  1. Stanley, John & van de Velde, Didier, 2008. "Risk and reward in public transport contracting," Research in Transportation Economics, Elsevier, vol. 22(1), pages 20-25, January.
  2. Daniel Albalate & Germà Bel & Joan Calzada, 2010. "Urban transport governance reform in Barcelona," IREA Working Papers, University of Barcelona, Research Institute of Applied Economics 201009, University of Barcelona, Research Institute of Applied Economics, revised Jun 2010.

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