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Market Structure and State Involvement: Passenger Railways in Europe

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  • Torben HOLVAD

Abstract

Over the past 25 years railways in Europe have experienced substantial changes in terms of legislative measures to strengthen the competitiveness of the sector. This chapter will provide an overview of the different reform measures and the outcomes to date with particular emphasis on the issues linked to passenger transportation. In particular, the chapter will be structured as follows. Firstly, the background to the reform initiatives will be outlined. Secondly, the specific reform elements will be described. Thirdly, the implementation of the reform measures at country level will be examined in order to identify variation between EU Member States. Subsequently, the outcomes will be examined in terms of market structure, competition and state involvement as well as how the reforms have impacted the overall performance of the railway sector. Finally, the chapter will put forward future perspectives in terms of how the railways in Europe will develop over the coming years.

Suggested Citation

  • Torben HOLVAD, 2017. "Market Structure and State Involvement: Passenger Railways in Europe," Departmental Working Papers 2017-04, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2017-04
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    European passenger railways; Reforms; Market opening; Open access; Competitive tendering; Competition;
    All these keywords.

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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