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Should conditions regarding non-discrimination be imposed in vertical mergers? The Surface Transportation Board on the acquisition of the Kansas City Southern Railway by the Canadian Pacific

Pittman, Russell - 2024

In its 2023 decision approving the acquisition of the Kansas City Southern Railway by the Canadian Pacific, the U.S. Surface Transportation Board conditioned its approval on the merged railway’s commitment “to keep gateways open on commercially reasonable terms” – that is, to allow...

Persistent link: https://www.econbiz.de/10015214663

A comparison of rail liberalisation levels across four European countries

Beria, Paolo; Quinet, Emile; de Rus, Gines; Schulz, Carola - 2010

The paper presents the results of a research on railway regulation and liberalisation in Italy, France, Germany and … Spain. The analysed fields of regulation are the relationship between the State and the rail companies, network access …. The aim of the paper is to give a comparative overview of the rail regulation from a critical point of view, rather than …

Persistent link: https://www.econbiz.de/10015225805

Estimating allocative efficiency in port authorities with demand uncertainty

Hidalgo, Soraya; Núñez-Sánchez, Ramón - 2012

This paper aims to analyse the impact of port demand variability on the allocative efficiency of Spanish port authorities during the period 1986-2007. From a distance function model we can obtain a measure of allocative efficiency using two different approaches: error components approach and...

Persistent link: https://www.econbiz.de/10015231522

A blueprint for a better railway: how innovation, devolution and competition can help Britain's railways to serve consumers better

Price, Richard - 2012

This paper sets out the origins and development of the UK's unique system of rail operation, funding and regulation. It …

Persistent link: https://www.econbiz.de/10015258773

Privatizzazione senza liberalizzazione? Lo strano caso delle ferrovie italiane

Del Monte, Alfredo; Price, Richard - 2016

The Italian government is proceeding with the privatisation of the Ferrovie dello Stato Italiane group, and is considering a merger with the government-owned highways company. In this article, we argue that changes could be made to the privatisation and reform process, learning from the British...

Persistent link: https://www.econbiz.de/10015262223

The Effectiveness of EC Policies to Move Freight from Road to Rail: Evidence from CEE Grain Markets

Pittman, Russell; Jandova, Monika; Krol, Marcin; … - 2019

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...

Persistent link: https://www.econbiz.de/10015266018

The Economics of Railways Restructuring in South Korea

Pittman, Russell; Choi, Sunghee - 2013

South Korea, like many countries, is engaged in a policy debate concerning possible railways reforms. However, unlike most countries, here the focus of discussion has been the government’s proposal to open high-speed passenger train lines to a second train company that would supply on-track...

Persistent link: https://www.econbiz.de/10015236158

Concrete roads in Poland: The case for selling non-mainstream infrastructure technologies

Senderski, Marcin - 2014

The paper illustrates, on the grounds of Poland’s case, the concrete roads network development in a jurisdiction dominated by asphalt roads. The author reviews typical drawbacks apparent when promoting concrete roads, and identifies several most arresting phenomena that have led to the current...

Persistent link: https://www.econbiz.de/10015244263

Two Roads Diverged: Two Alternate Strategies for Protecting Captive Freight Shippers in the “Americas” Model of Freight Rail Restructuring

Pittman, Russell - 2024

intramodal or intramodal shipping alternatives, regulators and policymakers have focused on regulatory alternatives in two broad … categories: 1) direct regulation of rates, and 2) imposed, regulated competition from a second railway (for example …, interswitching or trackage rights). We argue that, despite disadvantages familiar to every Economics 101 student, direct regulation …

Persistent link: https://www.econbiz.de/10015214247

A better deal for consumers and an attractive environment for investors: How the UK’s economic regulators are developing the use of regulatory and competition powers

Price, Richard; Ross, Cathryn - 2014

private investors. Economic regulation and competition have a big role to play in aligning the interests of investors with the … interests of customers and society. Specifically, in relation to investors, economic regulation and competition help to ensure … between competition and regulation, and the way regulators use their powers; • the importance of independent regulation in …

Persistent link: https://www.econbiz.de/10015262224