Competition models and financial sustainability of high-speed open-access passengers rail operators in Europe
Paolo Beria (),
Yves Crozet () and
Laurent Guihéry ()
Additional contact information
Paolo Beria: POLIMI - Politecnico di Milano [Milan]
Yves Crozet: LAET - Laboratoire Aménagement Économie Transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique
Laurent Guihéry: MATRiS - Mobilité, Aménagement, Transports, Risques et Société - Cerema - Centre d'Etudes et d'Expertise sur les Risques, l'Environnement, la Mobilité et l'Aménagement - CY - CY Cergy Paris Université, CY UFR LSH - CY Cergy Paris Université - UFR Lettres et sciences humaines - CY - CY Cergy Paris Université
Post-Print from HAL
Abstract:
Competition is at the heart of the European Union's (EU) roadmap in the field of transport. In rail transport, competition started late and took time to deploy. Just now, almost ten years after the 4th railway package, competition is becoming a Europe-wide affair rather than a collection of single and often small and short-lived national experiences. Today it is possible to draw a first picture of how open-access rail competition will be in the coming years, with a primary focus on the profitability of competition in high-speed market. The paper starts providing an overview of the forms that competition can take in the case of a non-cooperative game between two or three firm and an overview of the varied experiences of "on track" competition in Europe to date, on a country basis. Then the paper focuses on a recent case where the financial sustainability appears to be a serious issue: the entry of the Italian company Trenitalia in France, on the main country's route, the Paris-Lyon. The characteristics of the newcomer's business model are recalled, and its medium-term profitability is studied through a model, emphasising the role of access charges in it.
Keywords: Rail; High-speed; rail; Open-access; competition; France; Italy; Europe (search for similar items in EconPapers)
Date: 2024-12
References: Add references at CitEc
Citations:
Published in European Transport Studies, 2024, 2, pp.100008. ⟨10.1016/j.ets.2024.100008⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:hal:journl:hal-04844581
DOI: 10.1016/j.ets.2024.100008
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().