Publication details
Konkurence a výkonnost na evropských železnicích
| Title in English | Competition and output at european railways |
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| Authors | |
| Year of publication | 2014 |
| Type | Monograph |
| Citation | |
| Description | European countries after 1993 applied railway reforms. The reform strategy included vertical separation (infrastructure – services), horizontal separation (freight – passenger) and the entry of competition. The aim of this book is to identify the effect of reforms on railway’s output. Based on regression analysis of data in 27 European countries in the period 1995-2011 it was identified, that horizontal separation is increasing output whereas no clear effect could be identified in case of vertical separation. The effect of competition entry was different for sample of Western and Eastern European countries. In passenger sector the entry of competition was increasing output in Western Europe but decreasing it in Eastern Europe. Also other reform and control variables had significantly different effects for samples of Western and Eastern European countries. The results therefore indicate that European railway reform generates different results for Western and Eastern European countries. |