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@article{2326897,
author = {Beria, Paolo and Lunkar, Vardhman and Tolentino, Samuel and Pařil, Vilém and Kvasnička, Michal},
article_location = {Oxford},
article_number = {December},
doi = {http://dx.doi.org/10.1016/j.retrec.2023.101367},
keywords = {Open access competition;Long-distance;passenger rail;Rail fares;Revenue management;Competition in the market;Europe;Liberalisation;Railway regulation;Yield management;Price discrimination},
language = {eng},
issn = {0739-8859},
journal = {Research in Transportation Economics},
title = {Long-distance rail in Europe: Comparing the forms of head-on competition across Europe},
url = {https://doi.org/10.1016/j.retrec.2023.101367},
volume = {102},
year = {2023}
}
TY - JOUR
ID - 2326897
AU - Beria, Paolo - Lunkar, Vardhman - Tolentino, Samuel - Pařil, Vilém - Kvasnička, Michal
PY - 2023
TI - Long-distance rail in Europe: Comparing the forms of head-on competition across Europe
JF - Research in Transportation Economics
VL - 102
IS - December
SP - 1-17
EP - 1-17
PB - Elsevier
SN - 07398859
KW - Open access competition;Long-distance;passenger rail;Rail fares;Revenue management;Competition in the market;Europe;Liberalisation;Railway regulation;Yield management;Price discrimination
UR - https://doi.org/10.1016/j.retrec.2023.101367
N2 - Europe is finally entering a season of liberalisation in the long-distance rail passenger market, which takes the form of on-track competition among public and private operators. The paper provides a broad-scope comparison of relevant European markets, belonging to liberalised and non-liberalised countries, aiming to point out the patterns in terms of supply, competition model and prices. The paper is based on a sample of heterogeneous 69 city-pairs, analysed in two fourteen days periods in 2019 (May/June and November). All available modes are observed, collecting info on companies, frequency of services, and cheapest price. The analysis starts from a schematisation of different business models, based on literature. Then, using the database, we study the country's supply structure, size, and level of intermodal and intra-modal competition through HHIs. Prices are analysed in two steps: the average prices and the price dispersion, searching for their main determinants, including but not limited to competition. Results show that a higher competition level is not always corresponding to low prices, which are instead determined by many other factors such as size of market, demand, socio-economic characteristics, subsidies, production costs, speed advantage, strength of the incumbent, etc. The competition level, instead, directly influences the quality, the supplied capacity, and the price dispersion.
ER -
BERIA, Paolo, Vardhman LUNKAR, Samuel TOLENTINO, Vilém PAŘIL a Michal KVASNIČKA. Long-distance rail in Europe: Comparing the forms of head-on competition across Europe. \textit{Research in Transportation Economics}. Oxford: Elsevier, 2023, roč.~102, December, s.~1-17. ISSN~0739-8859. Dostupné z: https://dx.doi.org/10.1016/j.retrec.2023.101367.
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