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The Uk Railway Privatisation : Failing To Succeed?

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  • David Tyrrall

Abstract

Railway privatisation has been a mixture of success and failure. Increasing passenger numbers and improvements in rolling stock have been offset by failures in infrastructure maintenance, service quality and most notably cost management. These outcomes can be attributed to the suboptimal structure of the privatised industry.

Suggested Citation

  • David Tyrrall, 2004. "The Uk Railway Privatisation : Failing To Succeed?," Economic Affairs, Wiley Blackwell, vol. 24(3), pages 32-38, September.
    • Handle: RePEc:bla:ecaffa:v:24:y:2004:i:3:p:32-38
    DOI: 10.1111/j.1468-0270.2004.t01-1-00488.x
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    References listed on IDEAS

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    2. Michael G. Pollitt & Andrew S. J. Smith, 2002. "The restructuring and privatisation of British Rail: was it really that bad?," Fiscal Studies, Institute for Fiscal Studies, vol. 23(4), pages 463-502, December.
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    Cited by:

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    3. Jean Shaoul, 2006. "Leasing Passenger Trains: The British Experience," Transport Reviews, Taylor & Francis Journals, vol. 27(2), pages 189-212, July.
    4. Laurino, Antonio & Ramella, Francesco & Beria, Paolo, 2015. "The economic regulation of railway networks: A worldwide survey," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 202-212.
    5. Corlet Walker, Christine & Druckman, Angela & Jackson, Tim, 2021. "Welfare systems without economic growth: A review of the challenges and next steps for the field," Ecological Economics, Elsevier, vol. 186(C).
    6. Xiaoqi Feng & Zhiqiang Feng & Thomas Astell-Burt, 2017. "Perceived public transport infrastructure modifies the association between public transport use and mental health: Multilevel analyses from the United Kingdom," PLOS ONE, Public Library of Science, vol. 12(8), pages 1-17, August.

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