Railway performance—how does Britain compare?
Railway performance—how does Britain compare?
Given the major changes that have occurred to the organization of Britain's railways during 1994, this seems an appropriate time to compare their performance with those of the rest of western Europe. This article reports on work which repeated the major comparative study carried out by the authors in 1979. At that time, British Rail had relatively high labour productivity and a high degree of cost coverage, but high prices, low train loads and a low’ market share. In general these characteristics remain the case, with a further major improvement in productivity and financial performance in the 1980s, but a faster loss of market share than elsewhere in western Europe.
47-53
Nash, Chris
5f730a17-9005-401f-94a2-9e515107e390
Preston, John
ef81c42e-c896-4768-92d1-052662037f0b
1994
Nash, Chris
5f730a17-9005-401f-94a2-9e515107e390
Preston, John
ef81c42e-c896-4768-92d1-052662037f0b
Nash, Chris and Preston, John
(1994)
Railway performance—how does Britain compare?
Public Money & Management, 14 (4), .
(doi:10.1080/09540969409387841).
Abstract
Given the major changes that have occurred to the organization of Britain's railways during 1994, this seems an appropriate time to compare their performance with those of the rest of western Europe. This article reports on work which repeated the major comparative study carried out by the authors in 1979. At that time, British Rail had relatively high labour productivity and a high degree of cost coverage, but high prices, low train loads and a low’ market share. In general these characteristics remain the case, with a further major improvement in productivity and financial performance in the 1980s, but a faster loss of market share than elsewhere in western Europe.
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Published date: 1994
Organisations:
Transportation Group
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Local EPrints ID: 403182
URI: http://eprints.soton.ac.uk/id/eprint/403182
ISSN: 0954-0962
PURE UUID: 37005ec2-0864-4165-b8b9-aa61ab98151a
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Date deposited: 30 Nov 2016 16:48
Last modified: 16 Mar 2024 03:48
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Author:
Chris Nash
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