IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v69y2018icp290-299.html
   My bibliography  Save this article

The HSR competition in Italy: How are the regulatory design and practices concerned?

Author

Listed:
  • Desmaris, Christian
  • Croccolo, Fabio

Abstract

Italy is nowadays the only European country to have organized a head-on competition on its whole high speed railway (HSR) network. This paper discusses the issues of this new market structure for the Italian Rail Regulator, both in terms of regulatory design and economic regulation practices. Such HSR competition and regulation took place in a very specific and ambivalent context (including declining Italian railway demand, negative European macroeconomic environment), together with a new ambitious and innovating private competitor (NTV) and strong reactions from the incumbent (Trenitalia). The Italian Rail Regulator's interventions look like more or less a set of everyday life decisions and empirical trade-off than a duly achieved economic doctrine and policy. The level of access charges seems to be a strategic variable to enlarge the scope for profitable entry in Italy. However, this new context still does not answer the question whether HSR operators reach their economic equilibrium in open access competition.

Suggested Citation

  • Desmaris, Christian & Croccolo, Fabio, 2018. "The HSR competition in Italy: How are the regulatory design and practices concerned?," Research in Transportation Economics, Elsevier, vol. 69(C), pages 290-299.
  • Handle: RePEc:eee:retrec:v:69:y:2018:i:c:p:290-299
    DOI: 10.1016/j.retrec.2018.05.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739885917302494
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Tomeš, Zdeněk & Kvizda, Martin & Jandová, Monika & Rederer, Václav, 2016. "Open access passenger rail competition in the Czech Republic," Transport Policy, Elsevier, vol. 47(C), pages 203-211.
    2. Roger Vickerman, 1997. "High-speed rail in Europe: experience and issues for future development," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 31(1), pages 21-38.
    3. repec:eee:ecotra:v:11-12:y:2017:i::p:49-59 is not listed on IDEAS
    4. Mancuso, Paolo, 2014. "An analysis of the competition that impinges on the Milan–Rome intercity passenger transport link," Transport Policy, Elsevier, vol. 32(C), pages 42-52.
    5. Bergantino, Angela S. & Capozza, Claudia & Capurso, Mauro, 2015. "The impact of open access on intra- and inter-modal rail competition. A national level analysis in Italy," Transport Policy, Elsevier, vol. 39(C), pages 77-86.
    6. Baumol, William J & Panzar, John C & Willig, Robert D, 1983. "Contestable Markets: An Uprising in the Theory of Industry Structure: Reply," American Economic Review, American Economic Association, vol. 73(3), pages 491-496, June.
    7. Arrigo, Ugo & Di Foggia, Giacomo, 2013. "Competition And Pricing Of Essential Inputs: The Case Ofaccess Charges For The Use Of The Italian Rail Infrastructure," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 4(3), pages 295-308.
    8. Álvarez-SanJaime, Óscar & Cantos-Sanchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, Jose J., 2016. "Rail access charges and internal competition in high speed trains," Transport Policy, Elsevier, vol. 49(C), pages 184-195.
    9. Bergantino, Angela S. & Capozza, Claudia & Capurso, Mauro, 2015. "The impact of open access on intra- and inter-modal rail competition. A national level analysis in Italy," Transport Policy, Elsevier, vol. 39(C), pages 77-86.
    10. Nash, Chris, 2008. "Passenger railway reform in the last 20 years - European experience reconsidered," Research in Transportation Economics, Elsevier, vol. 22(1), pages 61-70, January.
    11. Matthias Finger & Pierre Messulam (ed.), 2015. "Rail Economics, Policy and Regulation in Europe," Books, Edward Elgar Publishing, number 15711, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christian Desmaris, 2016. "High Speed Rail Competition in Italy. A Major Railway Reform with a “Win-Win Game”?," Post-Print halshs-01370373, HAL.

    More about this item

    Keywords

    Rail market; Regulation; High-speed; Open access; Competition; Italy;

    JEL classification:

    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

    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:eee:retrec:v:69:y:2018:i:c:p:290-299. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.