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Workshop 3 report: Market initiative regimes in bus, coach and rail: Recent developments, threats, developing paradigms and regulatory needs

Didier van de Velde and Astrid Karl

Research in Transportation Economics, 2018, vol. 69, issue C, 254-259

Abstract: This paper synthesizes evidence from Workshop 3 ‘Market initiative regimes: experience and measures to improve performance’ of the 15th International Conference on Competition and Ownership in Land Passenger Transport. This workshop discussed the growing importance of market initiative regimes in public transport focussing on the market and regulatory developments in three sectors: local and regional bus, long-distance coach and passenger train services. The comparison of these sectors illustrated impressive but also very substantial differences between countries in terms of market potentials, success of market initiative, regulatory paths taken and resulting performance.

Keywords: Market initiative; Competition; Incentives; Governance; Public transport (search for similar items in EconPapers)
JEL-codes: K23 L43 L51 L92 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1016/j.retrec.2018.08.003

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