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Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?

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Author Info

  • Russell Pittman

    (Antitrust Division, US Department of Justice)

  • Sergei Guriev

    (New Economic School)

  • Guido Friebel

    (University of Toulouse)

  • Anna Tomova

    (University of Zilina)

  • Elizaveta Cheviakhova

    (Boston College)

Abstract

Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. Observed improvements in productivity associated with vertical access and vertical separation in Western Europe are not certain to be replicated following similar restructuring in transition economies, especially if one takes account of the much higher shadow price on government subsidies in the latter. This paper describes in detail the current and proposed reforms in the railways of Central and Eastern Europe and Russia, analyzes the likely outcomes of reforms in the special economic, regulatory, and legal environments of these countries, and presents an alternative proposal for restructuring in Russia.

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Bibliographic Info

Paper provided by EconWPA in its series Industrial Organization with number 0504021.

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Length: 36 pages
Date of creation: 20 Apr 2005
Date of revision:
Handle: RePEc:wpa:wuwpio:0504021

Note: Type of Document - doc; pages: 36
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Web page: http://128.118.178.162

Related research

Keywords: railway; restructuring; Russia; Central and Eastern Europe; transition; vertical separation;

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References

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  1. Ivaldi Marc & Mccullough Gerard, 2008. "Subadditivity Tests for Network Separation with an Application to U.S. Railroads," Review of Network Economics, De Gruyter, vol. 7(1), pages 1-13, March.
  2. Friebel, Guido & Ivaldi, Marc & Vibes, Catherine, 2003. "Railway (De) Regulation : A European Efficiency Comparison," IDEI Working Papers 221, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2007.
  3. Antonio Estache & Andrea Goldstein & Russell Pittman, 2001. "Privatization and Regulatory Reform in Brazil: The Case of Freight Railways," Development and Comp Systems 0111001, EconWPA.
  4. Ivaldi, M & McCullough, G J, 2001. "Density and Integration Effects on Class I U.S. Freight Railroads," Journal of Regulatory Economics, Springer, vol. 19(2), pages 161-82, March.
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Cited by:
  1. Russell Pittman, 2007. "Make or buy on the Russian railway? Coase, Williamson, and Tsar Nicholas II," Economic Change and Restructuring, Springer, vol. 40(3), pages 207-221, September.
  2. Russell Pittman & Oana Diaconu & Emanual Šip & Anna Tomová & Jerzy Wronka, 2007. "Will the Train Ever Leave the Station? The Private Provision of Freight Railway Service in Russia and Central and Eastern Europe," EAG Discussions Papers 200705, Department of Justice, Antitrust Division.

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