The demand for rail transport in European countries
New data from fourteen European countries on passenger and freight rail transport reveal the significant role of fares, subsidies and, especially, quality variables in explaining the large variation in the demand for rail across Europe. High train frequencies in Switzerland and the Netherlands have contributed to a strong rail performance in the passenger market, and for Austria in the freight market. In Britain, high fares and low subsidies have led to a comparatively poor rail performance. Travel and haulage have shifted from rail to road resulting in external costs which are widely underestimated.
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Volume (Year): 2 (1995)
Issue (Month): 3 (July)
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