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@article{1448781, author = {Jurikovič, Martin and Tomeš, Zdeněk}, article_number = {2}, doi = {http://dx.doi.org/10.1515/rne-2017-0037}, keywords = {competition; ownership; rail usage; railways; subsidies}, language = {eng}, issn = {2194-5993}, journal = {Review of Network Economics}, title = {Public and Private Provision of Railway Services: A Case Study from Slovakia}, url = {https://www.degruyter.com/document/doi/10.1515/rne-2017-0037/html}, volume = {16}, year = {2017} }
TY - JOUR ID - 1448781 AU - Jurikovič, Martin - Tomeš, Zdeněk PY - 2017 TI - Public and Private Provision of Railway Services: A Case Study from Slovakia JF - Review of Network Economics VL - 16 IS - 2 SP - 187-201 EP - 187-201 PB - WALTER DE GRUYTER GMBH SN - 21945993 KW - competition KW - ownership KW - rail usage KW - railways KW - subsidies UR - https://www.degruyter.com/document/doi/10.1515/rne-2017-0037/html N2 - 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. ER -
JURIKOVIČ, Martin a Zdeněk TOMEŠ. Public and Private Provision of Railway Services: A Case Study from Slovakia. \textit{Review of Network Economics}. WALTER DE GRUYTER GMBH, 2017, roč.~16, č.~2, s.~187-201. ISSN~2194-5993. Dostupné z: https://dx.doi.org/10.1515/rne-2017-0037.
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