This paper provides a comprehensive framework for analysing and comparing the various institutional models and regulatory arrangements that have recently emerged from the restructuring of European passenger rail industries. The framework identi® es seven key dimensions that can be used to describe these models and arrangements. It shows how these dimensions are connected with one another in a complex web of interactions. Empirical material gathered on the passenger rail industries of ® ve EU Member States, i.e. Belgium, France, Germany, the UK, and Sweden is used, as well as extrapolation to highlight the costs and bene® ts (incentive properties) associated with alternative arrangements and contract features and to show how certain dimensions can be traded-oOEagainst one another to optimize the industry's performance.
This article proposes an analysis of recent developments of the railway sector‐mainly passenger transport—in the European Union. It first provides a critical synthesis of the foundations and practical intervention modes of the European legislators.
A typology of the organizational structures applied in various Member States shows the diversity of the reforms undertaken in Europe, among others under the impulse of the common European transport policy.
Finally the authors analyse advantages and disadvantages of recent regulatory reforms aimed at introducing in the railway sector a separation between infrastructure and operation of transport services in order to increase competition in transport supply.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.