Yardstick Competition for Transport Infrastructure Services

This paper describes how infrastructure provision, and notably railway infrastructure provision, is greatly evolving even though the reform movement is not very fast. The hypothesis underlying this paper is that yardstick competition might ban an efficient way to regulate infrastructure provision, at least in its core activity, which is maintenance. But to support this hypothesis, the paper needs to present yardstick competition extensively. The first part of the paper gives a brief overview of the regulation problem in order to present yardstick competition in the context of the various ways to regulate firms or utilities. The second section of the paper presents yardstick competition more precisely with a theoretical approach, and the third section provides some examples of the use of yardstick competition in various industries. The final section addresses the main point of the paper: Is yardstick competition possible and desirable for infrastructure provision?

Language

  • English

Media Info

  • Media Type: Print
  • Features: Appendices; Bibliography; Figures; Tables;
  • Pagination: pp 63-108
  • Monograph Title: Transport Services: The Limits of (De)Regulation

Subject/Index Terms

Filing Info

  • Accession Number: 01052003
  • Record Type: Publication
  • ISBN: 9282123456
  • Files: TRIS
  • Created Date: Jun 23 2007 10:40AM