Recent changes in the global rail industry: evaluating the new regulatory instruments

Pedro Cantos-Sánchez and Javier Campos

European Transport \ Trasporti Europei, 2005, issue 29, 22-45

Abstract: The changes faced by the global rail industry in recent years have brought a redefinition of some of the traditional regulatory instruments available in this sector. This paper, focusing on price and quality regulation, discusses how these instruments have been applied in several countries where private sector participation in railways has been introduced mainly through concession contracts, and where some form of vertical and/or horizontal unbundling has been implemented.

Keywords: Railways; Price regulation; Quality regulation (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:sot:journl:y:2005:i:29:p:22-45

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