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Fecha
2019-07-01
Derechos de acceso
info:eu-repo/semantics/openAccess
Título de la revista
ISSN de la revista
Título del volumen
Editorial
SAGE Publications
Citas
Resumen
European country members have been opening up to competition railway passenger services in recent years, whereas others still remain on the way to liberalization. The recent Commission’s fourth European Union (EU) Railway Package has updated the European legislation to ensure an effective liberalization within the EU country members by 2020. It is intended to enhance firms’ efficiency and also consumers’ benefits. In this article, we study different paths towards liberalization from the traditional state-owned monopoly configuration. First, the monopoly outcome is presented, as it is the current situation in a number of EU country members. Second, the oligopoly models are introduced to study different paths towards an effective competition as a result of different market configurations. It is found that liberalization may enhance consumer surplus keeping operators’ profitability only when variable costs and access charge to the network are low. Finally, some regulatory measures are discussed.
Descripción
This is an Accepted Manuscript of an article published by SAGE Publications in "Competition and Regulation in Network Industries, 20(2), 164-183", available at: https://doi.org/10.1177/1783591719858737
Este es el manuscrito aceptado del artículo publicado por SAGE Publications en "Competition and Regulation in Network Industries, 20(2), 164-183", disponible en línea: https://doi.org/10.1177/1783591719858737
Este es el manuscrito aceptado del artículo publicado por SAGE Publications en "Competition and Regulation in Network Industries, 20(2), 164-183", disponible en línea: https://doi.org/10.1177/1783591719858737
Categorías UNESCO
Palabras clave
Railway passenger services, Liberalization, Competition, Regulation
Citación
Gutiérrez-Hita, C., & Ruiz-Rua, A. (2019). Competition in the railway passenger market: The challenge of liberalization. Competition and Regulation in Network Industries, 20(2), 164-183. https://doi.org/10.1177/1783591719858737
Centro
Facultad de Ciencias Económicas y Empresariales
Departamento
Teoría Económica y Economía Matemática
Grupo de investigación
Aplicaciones microeconómicas a empresas y hogares. Implicaciones para el bienestar individual y social