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

Russell Pittman, Sergei Guriev, Guido Friebel (), Anna Tomová () and Elizaveta Cheviakhova
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Elizaveta Cheviakhova: Boston College

Industrial Organization from University Library of Munich, Germany

Abstract: Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. Observed improvements in productivity associated with vertical access and vertical separation in Western Europe 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. This paper describes in detail the current and proposed reforms in the railways of Central and Eastern Europe and Russia, analyzes the likely outcomes of reforms in the special economic, regulatory, and legal environments of these countries, and presents an alternative proposal for restructuring in Russia.

Keywords: railway; restructuring; Russia; Central and Eastern Europe; transition; vertical separation (search for similar items in EconPapers)
JEL-codes: L (search for similar items in EconPapers)
Pages: 36 pages
Date: 2005-04-20
New Economics Papers: this item is included in nep-cis, nep-com and nep-tra
Note: Type of Document - doc; pages: 36
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Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems? (2007)
Journal Article: Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems? (2006)
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