The changing nature of railways in Europe: empirical evidence on prices, investments and quality

Giovanni Esposito, Julia Doleschel, Tobias Kaloud and Jadwiga Urban-Kozlowska

Chapter 9 in The Reform of Network Industries, 2017, pp 171-196 from Edward Elgar Publishing

Abstract: This chapter focuses on the transformations of the European rail sector over the last decades and is organized in two parts. First, it describes the change by providing a historical overview of the reform context, referring to the main aspects of the organizational change experienced by the European rail industries. Second, it assesses the change by empirically investigating the way regulatory innovations have influenced prices, investments and quality of European rail services between 1996 and 2013. On the one hand, it shows that, despite the formal improvement of market access regulation, in several European countries reforms have achieved mixed results and state-controlled structures still play a crucial role in the organization and management of rail industries. On the other, our empirical outcomes show that unlike reformers’ taken-for-granted beliefs on this topic, there is no clear evidence that liberalization reforms are correlated with lower prices for rail service users.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.elgaronline.com/view/9781786439024.00018.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17760_9

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().