Open access passenger rail services in Central Europe

J 2018

Open access passenger rail services in Central Europe

TOMEŠ, Zdeněk and Monika JANDOVÁ

Basic information

Original name

Open access passenger rail services in Central Europe

Authors

TOMEŠ, Zdeněk (203 Czech Republic, guarantor, belonging to the institution) and Monika JANDOVÁ (203 Czech Republic, belonging to the institution)

Edition

Research in Transportation Economics, Elsevier, 2018, 0739-8859

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

United Kingdom of Great Britain and Northern Ireland

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

URL

Impact factor

Impact factor: 1.798

RIV identification code

RIV/00216224:14560/18:00104858

Organization unit

Faculty of Economics and Administration

DOI

http://dx.doi.org/10.1016/j.retrec.2018.10.002

UT WoS

000454753400008

Keywords in English

Open access competition; Open access operations; Central European railways; Railway regulation; Passenger rail

Abstract

V originále

Open access passenger rail services have been well established in Central Europe. They have been in operation in Austria on the Vienna–Salzburg line from 2011, in the Czech Republic on the Prague–Ostrava line from 2011, and in Slovakia on the Žilina–Košice line from 2014. These open access entries are all on principal domestic railway lines and have caused major increases in train frequencies. New entrants have introduced many service innovations and utilized aggressive price cuts. As a result, they have been able to win substantial market shares from incumbents. This article compares the impacts of open access entries on the development of railway markets in Central Europe. The comparison covers entry barriers, business models, market developments, and regulatory challenges. The main results are that open access competition has strongly stimulated ridership, but the impact on market revenues has been only moderate due to price reductions. The total costs on the market went up and both newcomers and incumbents are struggling with the profitability of their open access operations. We conclude that open access passenger rail services in Central Europe have led not only to significant benefits for customers but also cost increases and significant regulatory challenges.

Links

EF16_026/0008430, research and development project

Name: Nová mobilita - vysokorychlostní dopravní systémy a dopravní chování populace

Citovat

TOMEŠ, Zdeněk and Monika JANDOVÁ. Open access passenger rail services in Central Europe. Research in Transportation Economics. Elsevier, 2018, vol. 72, December, p. 74-81. ISSN 0739-8859. Available from: https://dx.doi.org/10.1016/j.retrec.2018.10.002.

@article{1476956,
   author = {Tomeš, Zdeněk and Jandová, Monika},
   article_number = {December},
   doi = {http://dx.doi.org/10.1016/j.retrec.2018.10.002},
   keywords = {Open access competition; Open access operations; Central European railways; Railway regulation; Passenger rail},
   language = {eng},
   issn = {0739-8859},
   journal = {Research in Transportation Economics},
   title = {Open access passenger rail services in Central Europe},
   url = {https://www.sciencedirect.com/science/article/pii/S0739885917303190?dgcid=author},
   volume = {72},
   year = {2018}
}

TY  - JOUR
ID  - 1476956
AU  - Tomeš, Zdeněk - Jandová, Monika
PY  - 2018
TI  - Open access passenger rail services in Central Europe
JF  - Research in Transportation Economics
VL  - 72
IS  - December
SP  - 74-81
EP  - 74-81
PB  - Elsevier
SN  - 07398859
KW  - Open access competition
KW  - Open access operations
KW  - Central European railways
KW  - Railway regulation
KW  - Passenger rail
UR  - https://www.sciencedirect.com/science/article/pii/S0739885917303190?dgcid=author
L2  - https://www.sciencedirect.com/science/article/pii/S0739885917303190?dgcid=author
N2  - Open access passenger rail services have been well established in Central Europe. They have been in operation in Austria on the Vienna–Salzburg line from 2011, in the Czech Republic on the Prague–Ostrava line from 2011, and in Slovakia on the Žilina–Košice line from 2014. These open access entries are all on principal domestic railway lines and have caused major increases in train frequencies. New entrants have introduced many service innovations and utilized aggressive price cuts. As a result, they have been able to win substantial market shares from incumbents. This article compares the impacts of open access entries on the development of railway markets in Central Europe. The comparison covers entry barriers, business models, market developments, and regulatory challenges. The main results are that open access competition has strongly stimulated ridership, but the impact on market revenues has been only moderate due to price reductions. The total costs on the market went up and both newcomers and incumbents are struggling with the profitability of their open access operations. We conclude that open access passenger rail services in Central Europe have led not only to significant benefits for customers but also cost increases and significant regulatory challenges.
ER  -

TOMEŠ, Zdeněk and Monika JANDOVÁ. Open access passenger rail services in Central Europe. \textit{Research in Transportation Economics}. Elsevier, 2018, vol.~72, December, p.~74-81. ISSN~0739-8859. Available from: https://dx.doi.org/10.1016/j.retrec.2018.10.002.

Detailed Information on Publication Record