Measuring market power of rail incumbents

The aim of this article is to assess the market power of the state-owned incumbents within the open-access lines in Europe and compare it among themselves. This article investigates three open-access lines in Europe: Prague-Ostrava line (in the Czech Republic), Vienna-Salzburg line (in Austria) and Bratislava-Košice (in Slovakia). The market power assessment of each of the state-owned incumbents on these lines is based on their market shares, average revenues per passenger-kilometre, whether there is a vertical separation of the infrastructure owner and railway service provider and the role of state intervention. The authors' results show that the state-owned incumbent in the Czech Republic on the Prague-Ostrava line has the lowest market power in comparison to other investigated open-access lines.

• Record URL:
  • https://doi.org/10.1016/j.retrec.2023.101372
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S0739885923001129
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/07398859
• Supplemental Notes:
  • © 2023 Published by Elsevier Ltd. Abstract reprinted with permission of Elsevier.
• Authors:
  • Chini, Jakub
  • 0000-0001-9835-8497
  • Špetík, Ondřej
  • 0000-0002-3953-2261
  • Kvizda, Martin
  • 0000-0002-4932-2436
• Publication Date: 2024-3

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: 101372
• Serial:
  • Research in Transportation Economics
  • Volume: 103
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0739-8859
  • Serial URL: http://www.sciencedirect.com/science/journal/07398859

Subject/Index Terms

• TRT Terms: Access; Market share; Markets; Railroads; Revenues; Transportation by ownership
• Geographic Terms: Austria; Czech Republic; Slovakia
• Subject Areas: Administration and Management; Economics; Railroads;

Filing Info

• Accession Number: 01903531
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 27 2023 12:18PM