Die Politik hat der Eisenbahn eine wichtige Rolle bei der Senkung der Emissionen zugedacht. Aktuell zeigt sich allerdings, dass die DB AG als wichtigstes Unternehmen der Branche in Schwierigkeiten steckt. Die Zuverlässigkeit des Netzes sinkt dramatisch, sichtbar an abnehmender Pünktlichkeit...

Die Politik hat der Eisenbahn eine wichtige Rolle bei der Senkung der Emissionen zugedacht. Aktuell zeigt sich allerdings, dass die DB AG als wichtigstes Unternehmen der Branche in Schwierigkeiten steckt. Die Zuverlässigkeit des Netzes sinkt dramatisch, sichtbar an abnehmender Pünktlichkeit...

The 1860s witnessed Britain's third, and last, large railway mania. Although it added about as much mileage to the rail network as the great Railway Mania of the 1840s, little is known about it in modern literature. This paper documents how this mania managed to delude investors into pouring...

The role of network in transportation systems has gained significant and increasing relevance in the literature especially focusing on vulnerability and resilience.The structure of a transport system can positively or negatively influence the geographical areas it serves. A disruption of the...

Die Eisenbahninfrastruktur des DB Konzerns wird seit der Bahnreform 1994 zusammen mit den Eisenbahnverkehrsunternehmen in einer vertikal integrierten Konzernstruktur organisiert. Diese Konzernstruktur steht jedoch im Verdacht, Wettbewerbsverzerrungen auf der Ebene der...

Die Eisenbahninfrastruktur des DB Konzerns wird seit der Bahnreform 1994 zusammen mit den Eisenbahnverkehrsunternehmen in einer vertikal integrierten Konzernstruktur organisiert. Diese Konzernstruktur steht jedoch im Verdacht, Wettbewerbsverzerrungen auf der Ebene der...

This project evaluates the optimal transport network in North America by first analyzing the proposed $25 billion merger between the Canadian Pacific Railway and the Kansas City Southern Railway. Then this project studies different sequences of mergers and find the optimal path of mergers to...

Die Deutsche Bahn musste in den vergangenen sechs Jahren eine Gesamtdividende von 2,85 Mrd. Euro bei einem kumulierten Jahresergebnis von knapp 2,35 Mrd. Euro zahlen. Die DB Netz verfolgte in diesem Zeitraum eine monopolistische Preispolitik für die Verkehrsunternehmen auf den nachgelagerten...

The railway transport in Moldova plays an important role in the transport market of the country. Historically, railway transported very large volumes of freight and provided important services for passengers in Moldova. Railways lost important volumes of transport during the last two decades for...

We study dividend payments and earnings management in railway companies in the first decades of the 20th century. We argue that the historical organization of the Spanish railway industry as a complex net of 99-year concessionary contracts created predictable incentives for earnings management...

The early twentieth century saw the British capital market reach a state of maturity before any of its global counterparts. This coincided with more women participating directly in the stock market. In this paper, we analyse whether these female shareholders chose to invest independently of men....

Die Züge im Fernverkehr kommen zu spät, die Zusammenarbeit zwischen den Einheiten funktioniert nicht, die Gewinnprognosen sind pessimistisch, der Güterverkehr fährt Verluste ein und die Infrastruktur ist unterfinanziert: die Deutsche Bahn steht in der Kritik. Wie lassen sich spürbare...

This paper assesses the impact of European rail transport regulation in the past 25 years. It highlights competition as a necessary condition to overcome the inertia of legacy railway operators, but argues that competition is not sufficient to increase efficiency when they feel protected by the...

Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...

Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...

The paper provides information for railway systems based on 30 years' experience of Japanese railway privatization. First, we introduce the background, framework, and result of the Japanese National Railway reform, especially from the perspective of the former president of the JR Kyushu Railway...

This paper assesses the impact of European rail transport regulation in the past 25 years. It highlights competition as a necessary condition to overcome the inertia of legacy railway operators, but argues that competition is not sufficient to increase efficiency when they feel protected by the...

A number of formerly regulated multiproduct industries have a transitional or permanent residual regulatory mandate to protect consumers from "excessive" prices. The legislation that deregulated most rail rates contains a statutory mandate for the regulator to protect shippers from "excessive"...

The economic growth of a country is mostly depends on the infrastructure and construction available in their area. Substructure link the peoples to services, markets and jobs and helps people to live healthy and productive lives. Transport facility is an important aspect of infrastructure...

This paper classifies a case study on railway clusters allowing analysis of competitiveness performance criteria including the innovation capability of industries via different models. Data are collected from the Turkish railway industrial cluster; where 130 companies are located. Porters’...

A number of formerly regulated multiproduct industries have a transitional or permanent residual regulatory mandate to protect consumers from "excessive" prices. The legislation that deregulated most rail rates contains a statutory mandate for the regulator to protect shippers from "excessive"...

A number of formerly regulated multiproduct industries have a transitional or permanent residual regulatory mandate to protect consumers from "excessive" prices. The legislation that deregulated most rail rates contains a statutory mandate for the regulator to protect shippers from "excessive"...

Indian Railways is one of the world's largest public sector organizations. Its network, traffic, organization and extent of vertical integration are gigantic. This paper undertakes a critical examination of its procurement process to understand the procedures and institutional mechanisms which...

The report provides a description and an assessment of the recent actions carried out by the Mexican government to enhance the quality of regulation and regulatory governance in the rail sector in Mexico. In particular, the report identifies and describes recent regulatory reforms in the rail...