Separation versus Integration in International Rail Markets: A Theoretical Investigation
This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis. Returns-to-scale and the intensity of competition are key to understanding the impact of vertical integration or separation between infrastructure and operation services within each country in the presence of international transport services. We also consider an option in which a transnational infrastructure manager is in charge of offering a coordinated access to the national networks. In our model, it turns out to be an optimal industry structure.
|Date of creation:||18 Jul 2011|
|Date of revision:||Mar 2013|
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- Ivaldi Marc & Mccullough Gerard, 2008.
"Subadditivity Tests for Network Separation with an Application to U.S. Railroads,"
Review of Network Economics,
De Gruyter, vol. 7(1), pages 1-13, March.
- Ivaldi, Marc & McCullough, Gerard, 2004. "Subadditivity Tests for Network Separation with an Application to US Railroads," CEPR Discussion Papers 4392, C.E.P.R. Discussion Papers.
- Bassanini, Anna & Pouyet, Jerome, 2005. "Strategic choice of financing systems in regulated and interconnected industries," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 233-259, February.
- BASSANINI, Anna & POUYET, Jérôme, 2002. "Strategic choice of financing systems in regulated and interconnected industries," CORE Discussion Papers 2002017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bassanini, Anna & Pouyet, Jérôme, 2003. "Strategic Choice of Financing Systems in Regulated and Interconnected Industries," CEPR Discussion Papers 3888, C.E.P.R. Discussion Papers.
- Anna Bassanini & Jérôme Pouyet, 2004. "Strategic Choice of Financing Systems in Regulated and Interconnected Industries," Working Papers 2004-08, Center for Research in Economics and Statistics.
- Ivaldi, M & McCullough, G J, 2001. "Density and Integration Effects on Class I U.S. Freight Railroads," Journal of Regulatory Economics, Springer, vol. 19(2), pages 161-182, March.
- Ivaldi, M. & McCullough, G., 1999. "Density and Integration Effects on Class I U.S. Freight Railroads," Papers 99.526, Toulouse - GREMAQ.
- Ivaldi, Marc & Mccullough, Gerard J., 1999. "Density and Integration Effects on Class I U.S. Freight Railroads," IDEI Working Papers 93, Institut d'Économie Industrielle (IDEI), Toulouse.
- Fumitoshi Mizutani & Shuji Uranishi, 2013. "Does vertical separation reduce cost? An empirical analysis of the rail industry in European and East Asian OECD Countries," Journal of Regulatory Economics, Springer, vol. 43(1), pages 31-59, January.
- Borger Bruno De & Dunkerley Fay & Proost Stef, 2008. "The Interaction between Tolls and Capacity Investment in Serial and Parallel Transport Networks," Review of Network Economics, De Gruyter, vol. 7(1), pages 1-23, March.
- DE BORGER, Bruno & DUNKERLEY, Fay & PROOST, Stef, 2006. "The interaction between tolls and capacity investment in serial and parallel transport networks," CORE Discussion Papers 2006113, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- De Borger Bruno & Dunkerley Fay & Proost Stef, 2006. "The interaction between tolls and capacity investment in serial and parallel transport networks," Energy, Transport and Environment Working Papers Series ete0607, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Bruno De Borger & Fay Dunkerley & Stef Proost, 2006. "The interactin between tolls and capacity investment in serial and parallel transport networks," Working Papers Department of Economics ces0617, KU Leuven, Faculty of Economics and Business, Department of Economics.
- Per Agrell & Jerôme Pouyet, 2004. "The Regulation of Transborder Network Services," Working Papers 2004-38, Center for Research in Economics and Statistics.
- Pedro Cantos & José Manuel Pastor & Lorenzo Serrano, 2010. "Vertical and Horizontal Separation in the European Railway Sector and its Effects on Productivity," Journal of Transport Economics and Policy, University of Bath, vol. 44(2), pages 139-160, May. Full references (including those not matched with items on IDEAS)
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