Schemes and levels of state aid to rail industry in Europe: evidences from a cross-country comparison

Ugo Arrigo and Giacomo Di Foggia

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this paper is to illustrate the evolution of both schemes and levels of public support to railway sector in selected European countries. Although prior research sheds some light on this topic, more information is required to clarify national obligations under European railway liberalisation law regarding incentives toward railway undertakings. Focusing on Italy, besides the reduction of capital grants, justified by the completion of the highspeed line TurinMilanNaples, this paper finds an increasing support to the service operators and in the meantime a reduction of subsidies aimed at financing network operations. This shift of resources may undermine competition. The findings of this study help to fill the gap in estimating State aid to European railways.

Keywords: railways; deregulation; state aid; public finance; govvernment expenditure; transport economics (search for similar items in EconPapers)
JEL-codes: H81 L43 L92 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

Published in European Journal of Business and Economics 8.3(2013): pp. 14-20

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Related works:
Journal Article: SCHEMES AND LEVELS OF STATE AID TO RAIL INDUSTRY IN EUROPE: EVIDENCES FROM A CROSS-COUNTRY COMPARISON (2013)
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