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In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus oil economics of vertical integration. We test the hypothesis that integrated railways realise economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10009527147
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...
Persistent link: https://www.econbiz.de/10003350582
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/10003351959
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...
Persistent link: https://www.econbiz.de/10003655235
Summary We analyze the spatial interaction among regions in North America and in Western Europe. We use a gravity model extended by a spatial correlation structure where data allows to evaluate the spatial interaction in two dimensions: level of impact and the length of the spatial tail. This...
Persistent link: https://www.econbiz.de/10014608954