Long-distance rail in Europe: Comparing the forms of head-on competition across Europe
Field | Value | Language |
dc.contributor.author | Beria, Paolo | |
dc.contributor.author | Lunkar, Vardhman | |
dc.contributor.author | Tolentino, Samuel | |
dc.contributor.author | Pařil, Vilém | |
dc.contributor.author | Kvasnička, Michal | |
dc.date.accessioned | 2024-01-24T22:56:51Z | |
dc.date.available | 2024-01-24T22:56:51Z | |
dc.date.issued | 2023 | en_AU |
dc.identifier.uri | https://hdl.handle.net/2123/32125 | |
dc.description.abstract | Europe 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.iso | en | en_AU |
dc.publisher | Elsevier B.V | en_AU |
dc.relation.ispartof | Research in Transportation Economics | en_AU |
dc.rights | Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 | en_AU |
dc.subject | Open access competition | en_AU |
dc.subject | Long-distance passenger | en_AU |
dc.subject | rail | en_AU |
dc.subject | Rail fares | en_AU |
dc.subject | Revenue management | en_AU |
dc.subject | Competition in the market | en_AU |
dc.subject | Europe | en_AU |
dc.subject | Liberalisation | en_AU |
dc.subject | Railway regulation | en_AU |
dc.subject | Yield management | en_AU |
dc.subject | Price discrimination | en_AU |
dc.title | Long-distance rail in Europe: Comparing the forms of head-on competition across Europe | en_AU |
dc.type | Conference paper | en_AU |
dc.subject.asrc | ANZSRC FoR code::35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES::3509 Transportation, logistics and supply chains | en_AU |
dc.identifier.doi | 10.1016/j.retrec.2023.101367 | |
dc.type.pubtype | Publisher's version | en_AU |
usyd.faculty | SeS faculties schools::The University of Sydney Business School::Institute of Transport and Logistics Studies (ITLS) | en_AU |
workflow.metadata.only | No | en_AU |
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