Measuring market power of rail incumbents

J 2024

Measuring market power of rail incumbents

CHINI, Jakub, Ondřej ŠPETÍK and Martin KVIZDA

Basic information

Original name

Measuring market power of rail incumbents

Authors

CHINI, Jakub (203 Czech Republic, belonging to the institution), Ondřej ŠPETÍK (203 Czech Republic, belonging to the institution) and Martin KVIZDA (203 Czech Republic, belonging to the institution)

Edition

RESEARCH IN TRANSPORTATION ECONOMICS, ENGLAND, ELSEVIER SCI LTD, 2024, 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: 3.800 in 2022

Organization unit

Faculty of Economics and Administration

DOI

http://dx.doi.org/10.1016/j.retrec.2023.101372

UT WoS

001143844900001

Keywords in English

competition in the market; open-access; assessment of market power; dominant position; liberalization

Abstract

V originále

The aim of this article is to assess the market power of the state-owned incumbents within the open-access lines in Europe and compare it among themselves. This article investigates three open-access lines in Europe: Prague-Ostrava line (in the Czech Republic), Vienna-Salzburg line (in Austria) and Bratislava-Košice (in Slovakia). The market power assessment of each of the state-owned incumbents on these lines is based on their market shares, average revenues per passenger-kilometre, whether there is a vertical separation of the infrastructure owner and railway service provider and the role of state intervention. Our results show that the state-owned incumbent in the Czech Republic on the Prague-Ostrava line has the lowest market power in comparison to other investigated open-access lines.

Links

CZ.02.1.01/0.0/0.0/16_026/0008430, interní kód MU
(CEP code: EF16_026/0008430)

Name: Nová mobilita - vysokorychlostní dopravní systémy a dopravní chování populace (Acronym: NOVÁ MOBILITA)

Investor: Ministry of Education, Youth and Sports of the CR, Priority axis 1: Strengthening capacities for high-quality research

EF16_026/0008430, research and development project

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

Citovat

CHINI, Jakub, Ondřej ŠPETÍK and Martin KVIZDA. Measuring market power of rail incumbents. RESEARCH IN TRANSPORTATION ECONOMICS. ENGLAND: ELSEVIER SCI LTD, 2024, vol. 103, March, p. 1-9. ISSN 0739-8859. Available from: https://dx.doi.org/10.1016/j.retrec.2023.101372.

@article{2351242,
   author = {Chini, Jakub and Špetík, Ondřej and Kvizda, Martin},
   article_location = {ENGLAND},
   article_number = {March},
   doi = {http://dx.doi.org/10.1016/j.retrec.2023.101372},
   keywords = {competition in the market; open-access; assessment of market power; dominant position; liberalization},
   language = {eng},
   issn = {0739-8859},
   journal = {RESEARCH IN TRANSPORTATION ECONOMICS},
   title = {Measuring market power of rail incumbents},
   url = {https://www.sciencedirect.com/science/article/pii/S0739885923001129?via%3Dihub},
   volume = {103},
   year = {2024}
}

TY  - JOUR
ID  - 2351242
AU  - Chini, Jakub - Špetík, Ondřej - Kvizda, Martin
PY  - 2024
TI  - Measuring market power of rail incumbents
JF  - RESEARCH IN TRANSPORTATION ECONOMICS
VL  - 103
IS  - March
SP  - 1-9
EP  - 1-9
PB  - ELSEVIER SCI LTD
SN  - 07398859
KW  - competition in the market
KW  - open-access
KW  - assessment of market power
KW  - dominant position
KW  - liberalization
UR  - https://www.sciencedirect.com/science/article/pii/S0739885923001129?via%3Dihub
N2  - The aim of this article is to assess the market power of the state-owned incumbents within the open-access lines in Europe and compare it among themselves. This article investigates three open-access lines in Europe: Prague-Ostrava line (in the Czech Republic), Vienna-Salzburg line (in Austria) and Bratislava-Košice (in Slovakia). The market power assessment of each of the state-owned incumbents on these lines is based on their market shares, average revenues per passenger-kilometre, whether there is a vertical separation of the infrastructure owner and railway service provider and the role of state intervention. Our results show that the state-owned incumbent in the Czech Republic on the Prague-Ostrava line has the lowest market power in comparison to other investigated open-access lines.
ER  -

CHINI, Jakub, Ondřej ŠPETÍK and Martin KVIZDA. Measuring market power of rail incumbents. \textit{RESEARCH IN TRANSPORTATION ECONOMICS}. ENGLAND: ELSEVIER SCI LTD, 2024, vol.~103, March, p.~1-9. ISSN~0739-8859. Available from: https://dx.doi.org/10.1016/j.retrec.2023.101372.

Detailed Information on Publication Record