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Access Prices for Rail Infrastructure

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  • JOHN FREEBAIRN

Abstract

Separation of railway infrastructure, a natural monopoly, from a contestable train operator industry raises policy options for setting the infrastructure access fee and for regulation of the infrastructure supplier. Marginal cost, average cost. Ramsey prices and multipart tariff rules for access fees are assessed. Recognizing the importance of train operator entry decisions, a single access fee per gross tonne kilometre based on a mark‐up of marginal cost is favoured. An independent regulator and the use of price ceilings on the infrastructure supplier are proposed.

Suggested Citation

  • John Freebairn, 1998. "Access Prices for Rail Infrastructure," The Economic Record, The Economic Society of Australia, vol. 74(226), pages 286-296, September.
    • Handle: RePEc:bla:ecorec:v:74:y:1998:i:226:p:286-296
    DOI: 10.1111/j.1475-4932.1998.tb01925.x
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    References listed on IDEAS

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    Cited by:

    1. Russell Pittman, 2003. "Vertical Restructuring (or Not) of the Infrastructure Sectors of Transition Economies," Journal of Industry, Competition and Trade, Springer, vol. 3(1), pages 5-26, March.
    2. Markus Lang & Marc Laperrouza & Matthias Finger, 2013. "Competition Effects in a Liberalized Railway Market," Journal of Industry, Competition and Trade, Springer, vol. 13(3), pages 375-398, September.
    3. Ugo ARRIGO & Giacomo DI FOGGIA, 2014. "Theoretical And Viable Charging Models For Railway Infrastructure Access: An European Survey," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(2), pages 5-24, June.
    4. Russell Pittman, 2001. "Vertical Restructuring of the Infrastructure Sectors of Transition Economies," Industrial Organization 0111002, University Library of Munich, Germany.
    5. Russell Pittman, 2002. "Chinese Railway Reform and Competition: Vertical or Horizontal Restructuring?," Development and Comp Systems 0204004, University Library of Munich, Germany.

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