IDEAS home Printed from
   My bibliography  Save this paper

European Railway Deregulation: The Influence of Regulatory and Environmental Conditions on Efficiency


  • Heike Wetzel

    () (Institute of Economics, Leuphana University of Lüneburg)


The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical effciency of European railways. Using a panel data set of 31 railway firms from 22 European countries from 1994 to 2005, a multioutput distance function model, including regulatory and environmental factors, is estimated using stochastic frontier analysis. The results obtained indicate positive and negative effciency effects of different regulatory reforms. Furthermore, estimating models with and without regulatory and environmental factors clearly indicates that the omission of environmental factors, such as network density, substantially changes parameter estimates and, hence, leads to biased estimation results.

Suggested Citation

  • Heike Wetzel, 2008. "European Railway Deregulation: The Influence of Regulatory and Environmental Conditions on Efficiency," Working Paper Series in Economics 86, University of Lüneburg, Institute of Economics.
  • Handle: RePEc:lue:wpaper:86

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Baumgärtner, Stefan & Quaas, Martin, 2005. "The private and public insurance value of conservative biodiversity management," UFZ Discussion Papers 27/2005, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    Full references (including those not matched with items on IDEAS)


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

    Cited by:

    1. repec:eee:trapol:v:60:y:2017:i:c:p:143-151 is not listed on IDEAS
    2. Pavlyuk, Dmitry, 2008. "An Efficiency Analysis of European Countries' Railways," MPRA Paper 20922, University Library of Munich, Germany.
    3. Orea, Luis & Rodríguez-Álvarez, Ana & Kumbhakar, Subal, 2008. "Explaining Occupancy Rates in the European Railways: a Reduced-Form Approach," Efficiency Series Papers 2008/04, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    4. 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.

    More about this item


    European railways; technical effciency; stochastic frontier analysis;

    JEL classification:

    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    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:lue:wpaper:86. 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: (Joachim Wagner). General contact details of provider: .

    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.