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Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?

  • Russell Pittman

    (Antitrust Division, US Department of Justice)

  • Sergei Guriev

    (New Economic School)

  • Guido Friebel

    (University of Toulouse)

  • Anna Tomova

    (University of Zilina)

  • Elizaveta Cheviakhova

    (Boston College)

Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. Observed improvements in productivity associated with vertical access and vertical separation in Western Europe are not certain to be replicated following similar restructuring in transition economies, especially if one takes account of the much higher shadow price on government subsidies in the latter. This paper describes in detail the current and proposed reforms in the railways of Central and Eastern Europe and Russia, analyzes the likely outcomes of reforms in the special economic, regulatory, and legal environments of these countries, and presents an alternative proposal for restructuring in Russia.

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Paper provided by EconWPA in its series Industrial Organization with number 0504021.

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Length: 36 pages
Date of creation: 20 Apr 2005
Date of revision:
Handle: RePEc:wpa:wuwpio:0504021
Note: Type of Document - doc; pages: 36
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  1. Estache, A. & Goldstein, A. & Pittman, R., 2000. "Privatization and Regulatory Reform in Brazil: The Case of Freight Railways," Papers 00-5, U.S. Department of Justice - Antitrust Division.
  2. 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.
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