Horizontal versus vertical separation in railway networks: Implications for network quality

Cui, Shana; Besanko, David

doi:10.1016/j.econlet.2015.12.001

Cited by 11 publications

(2 citation statements)

References 5 publications

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“…Concerning the opportunity for a disaggregated vertical structure or not, Smith, Benedetto, and Nash (2018) argue that for European railways, the presence of strong economic regulation implies that vertical separation may be beneficial in terms of cost reduction depending on the degree of market openness, vertical structure and the intensity of network usage. In Cui and Besanko (2016), the relationship between network quality and organizational structure is analysed. They argue that horizontal separation dominates vertical separation.…”

Section: Introductionmentioning

confidence: 99%

Competition in the railway passenger market: The challenge of liberalization

Gutiérrez‐Hita

Ruiz-Rua

2019

Competition and Regulation in Network Industries

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European country members have been opening up to competition railway passenger services in recent years, whereas others still remain on the way to liberalization. The recent Commission’s fourth European Union (EU) Railway Package has updated the European legislation to ensure an effective liberalization within the EU country members by 2020. It is intended to enhance firms’ efficiency and also consumers’ benefits. In this article, we study different paths towards liberalization from the traditional state-owned monopoly configuration. First, the monopoly outcome is presented, as it is the current situation in a number of EU country members. Second, the oligopoly models are introduced to study different paths towards an effective competition as a result of different market configurations. It is found that liberalization may enhance consumer surplus keeping operators’ profitability only when variable costs and access charge to the network are low. Finally, some regulatory measures are discussed.

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Section: Introductionmentioning

confidence: 99%

Competition in the railway passenger market: The challenge of liberalization

Gutiérrez‐Hita

Ruiz-Rua

2019

Competition and Regulation in Network Industries

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“…Conforme se pode inferir da tabela 4.7, as empresas concessionárias passaram por um processo de oligopolização (Pompermayer, 2016;Felix e Cavalcante Filho, 2016) Segundo Cui & Besanko (2016), em teoria, a segregação geográfica com integração vertical tende a ser uma melhor opção em relação a agregação geográfica com segregação horizontal.…”

Section: Restrições à Competiçãounclassified

Exploração de infraestrutura ferroviária : lições de extremos para o Brasil

Felix¹

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TÍTULO DA DISSERTAÇÃO DE MESTRADO: Exploração de infraestrutura ferroviária: lições de extremos para o Brasil. GRAU/ANO: Mestre/2018.É concedida à Universidade de Brasília permissão para reproduzir cópias desta dissertação de mestrado e para emprestar ou vender tais cópias somente para propósitos acadêmicos e científicos. O autor reserva outros direitos de publicação e nenhuma parte desta dissertação de mestrado pode ser reproduzida sem a autorização por escrito do autor.

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