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Plans for the development of high speed railways lines (HSR) in Spain are widespread. At the beginning of 2010 four HSR lines were operating in routes where the air transport mode used to be dominant. In this paper we examine through econometric means the air carriers' reaction to these HSR...
Persistent link: https://www.econbiz.de/10011548762
This paper studies inter- and intramodal competition in the London-Paris passenger market. Using revealed preference data, we estimate nested and mixed multinomial logit models to examine passenger behaviour in the London-Paris market. We present a case study on the relocation of Eurostar...
Persistent link: https://www.econbiz.de/10011378323
The European Commission years ago adopted a policy of encouraging the substitution of motor carrier haulage of freight with rail and water carrier haulage, as part of its "green" agenda of reducing fuel consumption, emission of pollutants, carbon intensity, and road congestion. Regarding railway...
Persistent link: https://www.econbiz.de/10012137157
The intercity bus market in Germany was deregulated in 2013. As a consequence, there is now a dense network of intercity bus lines. For the first time, the German state-owned railway company Deutsche Bahn AG faces intermodal competition in public intercity passenger land transport on a large...
Persistent link: https://www.econbiz.de/10012102627
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be replaced by external market mechanisms. This is a...
Persistent link: https://www.econbiz.de/10010423547
This chapter is organized as follows: In section 2 the historical roots of third par-ty access regulation are characterized. This includes the Prussian railway law of 1838 and the terminal railroad case of 1912. In section 3 a normative frame-work, based on modern network economics, for the...
Persistent link: https://www.econbiz.de/10010429121
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