D 2008

Will Czech Trains Ever Travel to Efficient Destinations? Case Study of Firm under SBC

OTÁHAL, Tomáš and Tomáš POSPÍŠIL

Basic information

Original name

Will Czech Trains Ever Travel to Efficient Destinations? Case Study of Firm under SBC

Name in Czech

Budou české železnice vůbec někdy efektivní? Případová studie firmy se SBC syndromem

Authors

OTÁHAL, Tomáš (203 Czech Republic, guarantor, belonging to the institution) and Tomáš POSPÍŠIL (203 Czech Republic, belonging to the institution)

Edition

1. vyd. Brno, Konkurenceschopnost a konkurence v železniční dopravě - ekonomické a regionální aspekty regulace konkurenčního prostředí, p. 30-44, 15 pp. 2008

Publisher

MU

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

References:

RIV identification code

RIV/00216224:14560/08:00025039

Organization unit

Faculty of Economics and Administration

ISBN

978-80-7399-557-7

Keywords in English

Czech railways; network industry; soft budget constraint

Tags

Reviewed
Změněno: 16/9/2013 16:19, Ing. Tomáš Otáhal

Abstract

V originále

The paper presents the application of the Soft Budget Constraint theory on the Czech railways. It attempts to show that the organizational structure of the Czech Railways is historically dependent on governmental subsidies. Evidence from financial analyses supports the hypothesis that even though public policy is trying to establish a competitive environment in the Czech Railways' organizational structure, the existing environment could not improve efficiency of the railways without cutting the governmental subsidies. The reason for such conclusion is that the incentive structure will not motivate the Czech Railways' organizations to improve the efficiency or, alternatively, it will not allow these historically inefficient organizational structures to disappear.

In Czech

Budou české železnice vůbec někdy efektivní? Případová studie firmy se SBC syndromem.

Links

GA402/08/1438, research and development project
Name: Konkurenceschopnost a konkurence v železniční dopravě - možnosti a limity hospodářské politiky
Investor: Czech Science Foundation, Competitive a advantage and competition within railway trnasport - chances and limits of economic policy