Provision Of Public Transport Under Conflicting Regulatory Regimes
Access status:
Open Access
Metadata
Show full item recordType
Conference paperAuthor/s
Vickerman, RogerAbstract
In this paper we develop a simple model of regulatory competition in a multi-agency world. This argues that regulatory competition and potential conflicts arise in a similar way to tax competition between jurisdictions. This is then applied to contrasting situations drawn from ...
See moreIn this paper we develop a simple model of regulatory competition in a multi-agency world. This argues that regulatory competition and potential conflicts arise in a similar way to tax competition between jurisdictions. This is then applied to contrasting situations drawn from metropolitan transport and cross-border rail services in Europe. The analysis demonstrates how regulatory conflicts can lead to inefficiencies which impact not just on the provision of transport services, but also on the potential wider benefits from transport, most notably labour market efficiency and productivity growth. Key Words: Regulatory competition; regulatory conflict; wider economic impacts; asymmetric information.
See less
See moreIn this paper we develop a simple model of regulatory competition in a multi-agency world. This argues that regulatory competition and potential conflicts arise in a similar way to tax competition between jurisdictions. This is then applied to contrasting situations drawn from metropolitan transport and cross-border rail services in Europe. The analysis demonstrates how regulatory conflicts can lead to inefficiencies which impact not just on the provision of transport services, but also on the potential wider benefits from transport, most notably labour market efficiency and productivity growth. Key Words: Regulatory competition; regulatory conflict; wider economic impacts; asymmetric information.
See less
Date
2007-01-01Licence
Copyright the University of SydneyCitation
International Conference Series on Competition and Ownership in Land Passenger Transport – 2007 – Hamilton Island, Queensland, Australia – Thredbo 10Share