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Quality of Service, Efficiency, and Scale in Network Industries: An Analysis of European Electricity Distribution Christian Growitsch Tooraj Jamasb Michael Pollitt July 2005 No. 3 ...
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Quality of service is of major economic significance in natural monopoly infrastructure industries and is increasingly addressed in regulatory schemes. However, this important aspect is generally not reflected in efficiency analysis of these industries. In this paper we present an efficiency...
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In the course of railway reforms in the end of the last century, national European governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway companies companies owning a network and providing transport...
Persistent link: https://www.econbiz.de/10003314753
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...
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