Performing Russian Railways: Introduction of Competition and New Regulatory Challenges

This paper describes how railway reform in Russia aims at opening the room for competition. The paper assesses the impact effect of new tariff structure on-track competition and investigates its’ state at the early stage of reform. It shows how the lack of tariff flexibility makes the emerged industry structure unsustainable when vertically integrated state-owned infrastructure company serves the downstream market. This provides strong incentives for the infrastructure owner to establish “daughter” (unregulated) train operating companies in order to prevent cream-skimming by competitive fringe. Thus the industry gravitates toward complete vertical separation with access to infrastructure charged likewise Ramsey formula and the final services becoming unregulated.

Language

  • English

Media Info

  • Media Type: Print
  • Edition: First Edition
  • Features: Appendices; References; Tables;
  • Pagination: pp 707-736
  • Monograph Title: Competition and Ownership in Land Transport Passenger Transport

Subject/Index Terms

Filing Info

  • Accession Number: 01051412
  • Record Type: Publication
  • ISBN: 9780080450957
  • Files: TRIS
  • Created Date: Jun 11 2007 11:25AM