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Many European countries have sought to increase the efficiency of national railroad companies through a range of … network to third parties. To estimate the effects of reforms on railroad efficiency, we investigate a new World Bank panel … data set that covers many EU countries over a period of 20 years. We compare the passenger traffic efficiency of national …
Persistent link: https://www.econbiz.de/10014073305
Persistent link: https://www.econbiz.de/10013122620
This paper conducts an empirical analysis of the relationship between privatization and regulation drawing on data from … a wide sample of European airports. We find that privatization promotes a shift from basic regulation to a situation of … more detailed or non-regulation, depending on the specific characteristics of the privatization process and on the type of …
Persistent link: https://www.econbiz.de/10008480057
socially superior depends on the extent of efficiency gains and regulation, as well as the regulatory forms. Full privatization …This paper examines forms of airport regulation and privatization, taking into account of behavior of public … welfare than partial privatization. However, a full privatization without regulation yields a monopoly and related distortions …
Persistent link: https://www.econbiz.de/10014119570
in terms of allocative efficiency and congestion management, lending some support to a non for profit organization scheme …
Persistent link: https://www.econbiz.de/10012732035
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry …, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route …
Persistent link: https://www.econbiz.de/10012443072
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry …, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route …-level characteristics, cross-country and cross-route regressions show that i) productive efficiency increases and fares decline when …
Persistent link: https://www.econbiz.de/10014149684
Following the liberalization wave in the airline sector, airports have been gradually taken out of the public sphere and open to the private initiative. This phenomenon is generally referred to as privatization, but not all the cases consist of, in fact, a full divestiture of assets. Although...
Persistent link: https://www.econbiz.de/10008614983
This paper develops an empirical model to examine the relationship between ownership change and two-sided-platform formation in the air transport industry. We investigate whether privatization enhances the dynamic capabilities of airports so that they more closely resemble a two-sided platform....
Persistent link: https://www.econbiz.de/10013000687
This paper develops an empirical model of passenger demand for routes of airports subject to either imminent or recent privatization. We investigate whether the privatization process produces a sequential impact over traffic. By employing a regression-based event methodology and controlling for...
Persistent link: https://www.econbiz.de/10013003868