AN ANALYSIS OF THE POTENTIAL FOR ON-TRACK COMPETITION IN THE BRITISH PASSENGER RAIL INDUSTRY

This paper undertakes a systematic review of the potential for on-track competition in the passenger railway industry in Great Britain, and concludes that some such competition is likely. A simulation model is developed and tested on an inter-city rail line. The findings in respect of different forms of competition are examined. It is concluded that on-track competition is unlikely to promote economic efficiency unless it leads to cost reductions and/or product differentation. (A)

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  • Corporate Authors:

    LONDON SCHOOL OF ECONOMICS AND UNIVERSITY OF BATH

    UNIVERSITY OF BATH, CLAVERTON DOWN
    BATH,   United Kingdom  BA2 7AY
  • Authors:
    • PRESTON, J
    • WHELAN, G
    • WARDMAN, M
  • Publication Date: 1999-1

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00765727
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD
  • Created Date: Jul 1 1999 12:00AM