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.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/9780080450957
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Corporate Authors:
The Boulevard, Langford Lane
Kidlington, Oxford United Kingdom OX5 1GB -
Authors:
- Dementiev, Andrei
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Conference:
- Competition and Ownership in Land Passenger Transport. 9th International Conference (Thredbo 9)
- Location: Lisbon , Portugal
- Date: 2005-9-4 to 2005-9-8
- Publication Date: 2007
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
- TRT Terms: Competition; Deregulation; Flexibility; Infrastructure; Policy; Policy making; Policy, legislation and regulation; Rail transit; Railroad transportation; Railroads; Tariffs
- Identifier Terms: Russian Railways
- Geographic Terms: Russia (Federation)
- Subject Areas: Administration and Management; Policy; Public Transportation; Railroads;
Filing Info
- Accession Number: 01051412
- Record Type: Publication
- ISBN: 9780080450957
- Files: TRIS
- Created Date: Jun 11 2007 11:25AM