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Liberalization and regulation in Central European railway markets

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TOMEŠ Zdeněk

Rok publikování 2012
Druh Článek v odborném periodiku
Časopis / Zdroj Uniwersytet Szczecinski Zeszyty Naukowe Nr 741 Problemy Transportu i Logistyki
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
Obor Řízení, správa a administrativa
Klíčová slova liberalization; competition; railways
Popis European reforms were applied to revitalise Central European railways. These were based on a vertical separation of the infrastructure from the operation and on allowing third-party access. Central European countries were originally behind in application of the regulations. Approaching EU accession, however, made them apply these very rigorously. As a result of liberalisation, the competition in railway freight transport is fiercer in new member countries than in the old member countries. On top of this, those new member countries with the most developed competition are experiencing the largest drop in their railways’ market shares. Some countries indicate that competition development is supported not so much by the implementation of reform strategies but rather by the weakness of the incumbent who typically has chronic problems with liquidity and indebtedness while the newly arising competitors strip them of the most lucrative parts of the market. The drop in the railways’ modal shares is further deepened by the setup of the infrastructure fees. These are very high, especially for freight transport, in order to support the passenger transport. This approach, however, deforms the market and further weakens railway freight transport competitiveness.

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