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Evaluating European railway deregulation using different approaches

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  • Cantos, Pedro
  • Manuel Pastor, José
  • Serrano, Lorenzo

Abstract

There has recently been a great deal of interest in the impacts of the deregulating and restructuring measures in the European railway sector. A vast amount of literature is devoted to analyzing the effects of these deregulation and restructuring measures on efficiency and productivity and the results are not totally unambiguous. However, while most of the papers show that the introduction of competition within the sector (in both passenger and freight markets) has had a positive impact in terms of efficiency and productivity, the impact of vertical separation has produced different results in the literature. The contribution of this paper to the existing literature is twofold. Firstly we estimate efficiency levels (using a sample with information of 23 European national rail systems from 2001 to 2008) using alternative approaches. Then we compare the results of both techniques in order to analyze the potential differences between these approaches. Secondly we estimate the effects of the reforms on inefficiency levels and we find that the rankings obtained are similar, and that the best way to foster an increase in efficiency is always by combining vertical and horizontal reforms in the rail industry.

Suggested Citation

  • Cantos, Pedro & Manuel Pastor, José & Serrano, Lorenzo, 2012. "Evaluating European railway deregulation using different approaches," Transport Policy, Elsevier, vol. 24(C), pages 67-72.
  • Handle: RePEc:eee:trapol:v:24:y:2012:i:c:p:67-72 DOI: 10.1016/j.tranpol.2012.07.008
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    References listed on IDEAS

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    1. repec:eee:trapol:v:60:y:2017:i:c:p:143-151 is not listed on IDEAS
    2. Mathieu Lefebvre & Sergio Perelman & Pierre Pestieau, 2015. "Productivity and performance in the public sector," Working Papers of BETA 2015-15, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Ioannis Koliousis, 2016. "Assessing the Impact of the Latest Deregulatory Developments in the EU28 Transport Industry Production: a Critical Review Based on Empirical Data," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 66(1-2), pages 3-21, January-J.
    4. Chris Nash, 2013. "Rail transport," Chapters,in: Regulating Transport in Europe, chapter 3, pages 61-81 Edward Elgar Publishing.
    5. Bošković, Branislav & Bugarinović, Mirjana, 2015. "Why and how to manage the process of liberalization of a regional railway market: South-Eastern European case study," Transport Policy, Elsevier, vol. 41(C), pages 50-59.
    6. Fumitoshi Mizutani & Andrew Smith & Chris Nash & Shuji Uranishi, 2015. "Comparing the Costs of Vertical Separation, Integration, and Intermediate Organisational Structures in European and East Asian Railways," Journal of Transport Economics and Policy, University of Bath, vol. 49(3), pages 496-515, July.
    7. Odolinski , Kristofer & Smith , Andrew S.J., 2014. "Assessing the cost impact of competitive tendering in rail infrastructure maintenance services: evidence from the Swedish reforms (1999-2011)," Working papers in Transport Economics 2014:17, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    8. Ayadi, Ahmed & Hammami, Sami, 2015. "An analysis of the performance of public bus transport in Tunisian cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 75(C), pages 51-60.

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    Keywords

    Efficiency; Railways; Regulation;

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