Make or buy on the Russian railway? Coase, Williamson, and Tsar Nicholas II

Pittman, Russell

doi:10.1007/s10644-007-9024-2

Cited by 22 publications

(3 citation statements)

References 22 publications

(7 reference statements)

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“…Also as in other infrastructure sectors, economists around the world have tended to favor the structural separation of going concerns as a sort of default option -as the generally preferred method of restructuring to create competition among users of a network. It has only been recently that much scholarly attention has been paid to the potentially negative cost implications of this policy in industries as diverse as railways, electricity, telecommunications, and water [19,20,21,22].…”

Section: The World Experience With Railways Restructuringmentioning

confidence: 99%

Reforming and Restructuring Ukrzaliznytsia: A Crucial Task for Ukrainian Reformers

Pittman

2016

SSRN Journal

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Purpose. This article examines options available for Ukraine as the country considers proposals to reform and restructure Ukrzaliznytsia. Methodology. The basic restructuring options observed internationally are presented, and the literature concerning their impacts and effectiveness is reviewed. Findings. The creation of competition among freight train companies has been found to improve system performance, but the EU policy prescription of complete vertical separation may not be required in order to achieve this. The Americas-style policy of horizontal separation has also been found to improve system performance, and may be more appropriate for a country as large as Ukraine and a railway as dependent on freight operations as Ukrzaliznytsia. Originality. Most of the literature on railways restructuring focuses on vertical separation or third party access, while the focus here is on a policy option arguably more appropriate to Ukraine. Practical value. Ukraine's economy is dependent on the efficient shipment of bulk commodities such as coal, iron ore, steel, and grains -commodities that travel most economically over long distances by rail. The successful reform and restructuring of Ukrzaliznytsia will be a crucial part of Ukrainian economic reforms going forward.

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Section: The World Experience With Railways Restructuringmentioning

confidence: 99%

Reforming and Restructuring Ukrzaliznytsia: A Crucial Task for Ukrainian Reformers

Pittman

2016

SSRN Journal

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“…The development of rail transport has stimulated the level of trade since ancient times and has served as a stand-in for economic and civilizational advancement, as it formed the basis for the first forms of competitiveness of transport modes [1][2][3][4]. At first, it boosted the economies of the areas by creating backward links, understood as the requirement for building supplies and labor, and forward links, understood as the minimization of transport costs [1,5].…”

Section: Introductionmentioning

confidence: 99%

Convergence of Energy Intensity of the Export of Goods by Rail Transport: Linkages with the Spatial Integration and Economic Condition of Countries

et al. 2023

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This article concerns the identification of connections between the energy intensity of rail transport and spatial integration (convergence processes in the EU and spatial proximity) and the economic situation of countries that are in international export–import trade relations. Three research questions are formulated in the article: (1) Does the improvement of the economic situation of the importing country reduce the energy intensity of the Polish export of goods by rail transport to the partner country? (2) Does EU integration contribute to reducing the energy intensity of the export of goods by rail transport? (3) Is there a positive spatial effect (convergence) of reducing the energy intensity of the export of goods by rail transport? This study concerned 14 geographical destinations (export destinations from Poland) during the years 2010–2020. A comprehensive study of convergence was used by building a spatial (club) and type β convergence model and using an unconventional method (panel stationarity analysis). It has been verified that there is a convergence in the energy intensity of goods exportation by rail transport in EU countries. The rate of spatial (club) convergence is 8.66% per year, while the period after which this convergence will be halfway between the initial state and the long-term equilibrium point is 8 years.

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“…RZD offers transport services to companies, which, in turn, sell rail freight transport services, capacity, and wagons to their own customers. (Pittman, 2007a;Laisi, 2010;Mäkitalo, 2010b. ) Figure 3.…”

Section: Introductionmentioning

confidence: 99%

Why Do Open Rail Freight Markets Fail to Attract Competition? Analysis on Finnish Transport Policy

Mäkitalo

2011

European Journal of Transport and Infrastructure Research

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Since the beginning of 2007, EU legislation has encouraged member states to deregulate their domestic rail freight markets. While many countries have benefited from the resultant liberalisation, in others, markets are changing fairly slowly. The incumbent railway undertaking has a total market share e.g. in Lithuania, Ireland, and Finland. This paper analyses Finnish transport policy as well as the question why deregulation has not brought competition to the rail freight transport market. The research material was collected by using the Delphi technique. This paper illustrates that competition is expected in Finland, and there is a need for structural changes. Market inequality is manifested in access to incumbent’s services, governmental inactivity on market entry as well as in competition in general, traffic control organisation, and personnel training. This paper suggests that governments and governmental authorities should have an active transport policy in order to create a level playing field which could be a basis for equal and stimulating competition.

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Make or buy on the Russian railway? Coase, Williamson, and Tsar Nicholas II

Abstract: Public utilities, Restructuring, Vertical separation, Transactions cost economics, Railways, Russia, D23, L14, L22, L43, L51, L90, L92, N74,

Cited by 22 publications

References 22 publications

Reforming and Restructuring Ukrzaliznytsia: A Crucial Task for Ukrainian Reformers

Reforming and Restructuring Ukrzaliznytsia: A Crucial Task for Ukrainian Reformers

Convergence of Energy Intensity of the Export of Goods by Rail Transport: Linkages with the Spatial Integration and Economic Condition of Countries

Why Do Open Rail Freight Markets Fail to Attract Competition? Analysis on Finnish Transport Policy

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