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Risk-averse restructuring of freight railways in China

  • Pittman, Russell

The Chinese freight railways system has been under capacity pressure and apparently acting as a constraint on continued economic growth for several years now. Earlier government consideration of serious structural reforms has given way to an emphasis on a dramatic expansion of the track network, most conspicuously by construction of high-speed passenger lines to free capacity for freight trains. A good deal of uncertainty remains as to both whether there will be sufficient track capacity to handle the increased volumes of coal and containers necessary for continued growth, and whether the desired private investment funds will be forthcoming so long as the system remains under tight government control.

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Article provided by Elsevier in its journal Utilities Policy.

Volume (Year): 19 (2011)
Issue (Month): 3 ()
Pages: 152-160

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Handle: RePEc:eee:juipol:v:19:y:2011:i:3:p:152-160
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  1. Rong, Zhang & Bouf, Dominique, 2005. "How can competition be introduced into Chinese railways?," Transport Policy, Elsevier, vol. 12(4), pages 345-352, July.
  2. Oecd, 2006. "Structural Reform in the Rail Industry," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 8(2), pages 67-175.
  3. Nakil Sung & Yong-Hun Lee, 2002. "Substitution between Mobile and Fixed Telephones in Korea," Review of Industrial Organization, Springer, vol. 20(4), pages 367-374, June.
  4. Antonio Estache & Andrea Goldstein & Russell Pittman, 2001. "Privatization and Regulatory Reform in Brazil: The Case of Freight Railways," Development and Comp Systems 0111001, EconWPA.
  5. 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.
  6. Slack, Brian & Vogt, Alexander, 2007. "Challenges confronting new traction providers of rail freight in Germany," Transport Policy, Elsevier, vol. 14(5), pages 399-409, September.
  7. Stephen Glaister, 2006. "Britain: Competition Undermined by Politics," Chapters, in: Competition in the Railway Industry, chapter 3 Edward Elgar.
  8. Dominique Bouf & Rong Zhang, 2005. "How Can Competition be Introduced into Chinese Railways?," Post-Print halshs-00067797, HAL.
  9. Cantos Sánchez Pedro & Pastor Monsálvez José Manuel & Serrano Martínez Lorenzo, 2008. "Vertical and Horizontal Separation in the European Railway Sector: Effects on Productivity," Working Papers 201065, Fundacion BBVA / BBVA Foundation.
  10. 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.
  11. Nick Wills-Johnson, 2008. "Separability and Subadditivity in Australian Railways," The Economic Record, The Economic Society of Australia, vol. 84(264), pages 95-108, 03.
  12. Ivaldi, Marc & McCullough, Gerard, 2004. "Subadditivity Tests for Network Separation with an Application to US Railroads," CEPR Discussion Papers 4392, C.E.P.R. Discussion Papers.
  13. Chris Nash, 2006. "Europe: Alternative Models for Restructuring," Chapters, in: Competition in the Railway Industry, chapter 2 Edward Elgar.
  14. Pittman, Russell W, 1990. "Railroads and Competition: The Santa Fe/Southern Pacific Merger Proposal," Journal of Industrial Economics, Wiley Blackwell, vol. 39(1), pages 25-46, September.
  15. Christian Growitsch & Heike Wetzel, 2006. "Economies of Scope in European Railways: An Efficiency Analysis," IWH Discussion Papers 5, Halle Institute for Economic Research.
  16. Brambilla, Irene, 2009. "Multinationals, technology, and the introduction of varieties of goods," Journal of International Economics, Elsevier, vol. 79(1), pages 89-101, September.
  17. Pittman Russell, 2005. "Structural Separation to Create Competition? The Case of Freight Railways," Review of Network Economics, De Gruyter, vol. 4(3), pages 1-16, September.
  18. Ruhe Xie & Haibo Chen & Chris Nash, 2002. "Migration of railway freight transport from command economy to market economy: The case of China," Transport Reviews, Taylor & Francis Journals, vol. 22(2), pages 159-177, January.
  19. Russell Pittman, 2004. "Chinese Railway Reform and Competition: Lessons from the Experience in Other Countries," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 38(2), pages 309-332, May.
  20. Russell Pittman, 2009. "Competition Issues in Restructuring Ports and Railways, Including Brief Consideration of these Sectors in India," EAG Discussions Papers 200906, Department of Justice, Antitrust Division.
  21. Russell Pittman & Vanessa Yanhua Zhang, 2010. "Electricity Restructuring In China: How Competitive Will Generation Markets Be?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(02), pages 377-400.
  22. Antonio Couto & Daniel Graham, 2009. "The determinants of efficiency and productivity in European railways," Applied Economics, Taylor & Francis Journals, vol. 41(22), pages 2827-2851.
  23. 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.
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