2017
Public and Private Provision of Railway Services: A Case Study from Slovakia
JURIKOVIČ, Martin a Zdeněk TOMEŠZákladní údaje
Originální název
Public and Private Provision of Railway Services: A Case Study from Slovakia
Autoři
JURIKOVIČ, Martin a Zdeněk TOMEŠ
Vydání
Review of Network Economics, WALTER DE GRUYTER GMBH, 2017, 2194-5993
Další údaje
Jazyk
angličtina
Typ výsledku
Článek v odborném periodiku
Obor
50202 Applied Economics, Econometrics
Stát vydavatele
Německo
Utajení
není předmětem státního či obchodního tajemství
Odkazy
Impakt faktor
Impact factor: 0.357
Označené pro přenos do RIV
Ano
Kód RIV
RIV/00216224:14560/17:00104020
Organizační jednotka
Ekonomicko-správní fakulta
UT WoS
EID Scopus
Klíčová slova anglicky
competition; ownership; rail usage; railways; subsidies
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 8. 3. 2024 13:18, Mgr. Pavlína Kurková
Anotace
V originále
This paper is aimed at evaluating the net gains and trade-offs at stake in implementing the competition of the rail mode in the long distance passenger market either by means of franchise or by an open access mechanism. We simulate the outcomes of competition in and for the market using a differentiatedproducts oligopoly model allowing for inter- and intra-modal competition in a long distance passenger market. Specifically we first calibrate the model using data describing high speed lines in France and show that the incumbent railway operator’s strategy does not simply boil down to a short-term profit maximization (e.g. because of existing regulation or limit-pricing strategy). This yields two important results when simulating competition. First, whether it is for or in the market, the opening to competition does not guarantee a decrease in prices in favor of passengers. Second, the effects of opening up to competition for the market are relatively predictable and potentially positive, while those of opening up to competition in the market remain very uncertain.