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Railway Transport Liberalization: A Case Study of Various Countries in the World

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  • Turgut Ozkan
  • Gozde Yanginlar
  • Salih Kalayci

Abstract

Today, the processes of restructuring the railway sector and the liberalization of the railway market change significantly. Vertical separation between infrastructure railway transportation service provision and train operations is a significant key element in the railway liberalization. This paper focuses on a research into railway regulation and liberalization in 30 countries. The aim of this paper is to give a comparative overview of the regulation of railways and analyses the process of the liberalization and restructuring of railways in the 30 countries. We test this theoretical prediction using a data base that contains investment in transport with private participation, transport services information from World Bank. Our final results are valid for the period 1980-2014. Overall, the analyses showed statistically significant interaction effects between railways transportation and transport services and investment in transport with private participation. This study presents new insights in theory, paving the way for further research.

Suggested Citation

  • Turgut Ozkan & Gozde Yanginlar & Salih Kalayci, 2016. "Railway Transport Liberalization: A Case Study of Various Countries in the World," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(4), pages 140-148, December.
    • Handle: RePEc:ibn:jmsjnl:v:6:y:2016:i:4:p:140-148
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    References listed on IDEAS

    as
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    3. Beria, Paolo & Quinet, Emile & de Rus, Gines & Schulz, Carola, 2012. "A comparison of rail liberalisation levels across four European countries," Research in Transportation Economics, Elsevier, vol. 36(1), pages 110-120.
    4. Fariha Kamal & Mary E. Lovely & Devashish Mitra, 2019. "Trade liberalisation and labour shares in China," The World Economy, Wiley Blackwell, vol. 42(12), pages 3588-3618, December.
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    6. Laurino, Antonio & Ramella, Francesco & Beria, Paolo, 2015. "The economic regulation of railway networks: A worldwide survey," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 202-212.
    7. Mihail BUSU & Cristian BUSU, 2015. "The Liberalization Process Of The Railway Sector In Romania And Some Infringement Case Studies," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 532-540, November.
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    Cited by:

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    2. Kristijan Solina & Borna Abramović, 2022. "Effects of Railway Market Liberalisation: European Union Perspective," Sustainability, MDPI, vol. 14(8), pages 1-15, April.

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    More about this item

    Keywords

    railway deregulation; railway transportation; international economics; international trade; regional development and globalization; regional economics; international business; international political economics;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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