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

Guido Friebel, Sergei Guriev, Russell Pittman, Elizaveta Shevyakhova and Anna Tomova
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Guido Friebel: Goethe-Universität Frankfurt am Main
Elizaveta Shevyakhova: BC - Boston College

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Abstract: Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. There are some improvements in productivity associated with the reforms in the European Union (among others access to infrastructure and vertical separation). But they 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. The current and proposed reforms in the railways of Central and Eastern Europe and Russia are described in detail; the likely outcomes of reforms in the special economic, regulatory and legal environments of these countries are analysed; and an alternative proposal for restructuring in Russia is presented.

Date: 2007-05
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Published in Transport Reviews, 2007, 27 (3), pp.251 - 271. ⟨10.1080/01441640600979502⟩

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Related works:
Journal Article: Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems? (2006)
Working Paper: Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?* (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03417825

DOI: 10.1080/01441640600979502

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