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dc.contributor.authorBeria, Paolo
dc.contributor.authorLunkar, Vardhman
dc.contributor.authorTolentino, Samuel
dc.contributor.authorPařil, Vilém
dc.contributor.authorKvasnička, Michal
dc.date.accessioned2024-01-24T22:56:51Z
dc.date.available2024-01-24T22:56:51Z
dc.date.issued2023en_AU
dc.identifier.urihttps://hdl.handle.net/2123/32125
dc.description.abstractEurope is finally entering a season of liberalisation in the long-distance rail passenger market, which takes the form of on-track competition among public and private operators. The paper provides a broad-scope comparison of relevant European markets, belonging to liberalised and non-liberalised countries, aiming to point out the patterns in terms of supply, competition model and prices. The paper is based on a sample of heterogeneous 69 city-pairs, analysed in two fourteen days periods in 2019 (May/June and November). All available modes are observed, collecting info on companies, frequency of services, and cheapest price. The analysis starts from a schematisation of different business models, based on literature. Then, using the database, we study the country's supply structure, size, and level of intermodal and intra-modal competition through HHIs. Prices are analysed in two steps: the average prices and the price dispersion, searching for their main determinants, including but not limited to competition. Results show that a higher competition level is not always corresponding to low prices, which are instead determined by many other factors such as size of market, demand, socio-economic characteristics, subsidies, production costs, speed advantage, strength of the incumbent, etc. The competition level, instead, directly influences the quality, the supplied capacity, and the price dispersion.en_AU
dc.language.isoenen_AU
dc.publisherElsevier B.Ven_AU
dc.relation.ispartofResearch in Transportation Economicsen_AU
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0en_AU
dc.subjectOpen access competitionen_AU
dc.subjectLong-distance passengeren_AU
dc.subjectrailen_AU
dc.subjectRail faresen_AU
dc.subjectRevenue managementen_AU
dc.subjectCompetition in the marketen_AU
dc.subjectEuropeen_AU
dc.subjectLiberalisationen_AU
dc.subjectRailway regulationen_AU
dc.subjectYield managementen_AU
dc.subjectPrice discriminationen_AU
dc.titleLong-distance rail in Europe: Comparing the forms of head-on competition across Europeen_AU
dc.typeConference paperen_AU
dc.subject.asrcANZSRC FoR code::35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES::3509 Transportation, logistics and supply chainsen_AU
dc.identifier.doi10.1016/j.retrec.2023.101367
dc.type.pubtypePublisher's versionen_AU
usyd.facultySeS faculties schools::The University of Sydney Business School::Institute of Transport and Logistics Studies (ITLS)en_AU
workflow.metadata.onlyNoen_AU


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