Quality standards for passenger trains: Political majorities and environmental costs

Julia Rothbauer and Gernot Sieg

No 8, Economics Department Working Paper Series from Technische Universität Braunschweig, Economics Department

Abstract: This study analyzes the minimum quality standard set by the European Union (EU) through Regulation 1371/2007 of Rail Passengers' Rights and Obligations. A welfare maximizing quality standard raises quality and consumer satisfaction, but does not improve the modal split of rail transport. A minimum quality standard determined by political majorities may or may not increase welfare. However, all binding standards induce travelers to switch to transport modes with higher anthropogenic greenhouse gas emissions.

Keywords: regulation; minimum quality standards; median; rail (search for similar items in EconPapers)
JEL-codes: D72 L51 L92 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:tbswps:8

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