Effects of open access competition on prices and frequencies on the interurban railway market: evidence from Europe

Florent Laroche () and Ayana Lamatkhanova ()
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Florent Laroche: 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
Ayana Lamatkhanova: 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

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Abstract: The paper explores the effect of competition on prices and frequencies for the Interurban rail market in Europe. Intramodal competition is assessed by the Herfindahl-Hirschman Index (HHI). Intermodal competition takes into account new types of service such as coach and carpooling services. The originality of the analysis stems from the method and database used. The results show that intra-modal competition has a significant impact on frequencies but not on economy class prices because of oligopolistic organizations (duopoly). In addition, the effects of intermodal competition are limited mainly because of considerable differences between services in terms of travel time, comfort and users' preferences.

Keywords: Direct competition; Railway competition; Herfindhal-Hirschman index; Oligopolistic market; Regulation approach (search for similar items in EconPapers)
Date: 2022
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02930864
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Citations: View citations in EconPapers (1)

Published in Research in Transportation Business and Management, 2022, 43, Paper No. - 100705. ⟨10.1016/j.rtbm.2021.100705⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02930864

DOI: 10.1016/j.rtbm.2021.100705

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