IDEAS home Printed from https://ideas.repec.org/p/rif/briefs/82.html
   My bibliography  Save this paper

Deregulation of the Finnish Long-distance Bus Market

Author

Listed:
  • Valmari, Nelli

Abstract

A new law on public transport came into effect in Finland in December 2009. According to the new law, regulators are not allowed to restrict competition between bus companies, unless it is necessary for ensuring adequate quantity and quality of transport services. Until 2009 bus companies had to apply for and be granted a licence for operating any given connection, which restricted competition between bus companies. In this brief I look at how the Finnish long-distance bus market has changed from 2006 to 2017. The changes indicate that deregulating entry into the long-distance bus market has benefitted consumers. The supply of long-distance bus connections has increased and, on average, bus ticket fares have ceased to increase. These changes are to a large extent due to the deregulation of the long-distance bus market. Along with the new law, bus companies have become able to enter new routes and increase the number of connections where demand is high. As a result, the number of passengers has increased substantially.

Suggested Citation

  • Valmari, Nelli, 2019. "Deregulation of the Finnish Long-distance Bus Market," ETLA Brief 82, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:briefs:82
    as

    Download full text from publisher

    File URL: https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-82.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Market entry; Regulation; Deregulation; Competition; Long-distance bus service;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rif:briefs:82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kaija Hyvönen-Rajecki (email available below). General contact details of provider: https://edirc.repec.org/data/etlaafi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.