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An analysis of the potential for on-track competition in the British passenger rail industry

An analysis of the potential for on-track competition in the British passenger rail industry
An analysis of the potential for on-track competition in the British passenger rail industry
This paper undertakes a systematic review of the potential for on-track competition in the passenger railway industry in Great Britain, and concludes that some such competition is likely. A simulation model is developed and tested on an inter-city rail line. The findings in respect of different forms of competition are examined. It is concluded that on-track competition is unlikely to promote economic efficiency unless it leads to cost reductions and/or product differentiation.
0022-5258
77-94
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
Whelan, G.
7bcf83db-96dc-4b9d-9b93-3a32d7c59656
Wardman, M.
dac1c559-253b-4595-bbb2-659a28e0a6ac
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
Whelan, G.
7bcf83db-96dc-4b9d-9b93-3a32d7c59656
Wardman, M.
dac1c559-253b-4595-bbb2-659a28e0a6ac

Preston, J.M., Whelan, G. and Wardman, M. (1999) An analysis of the potential for on-track competition in the British passenger rail industry. Journal of Transport Economics and Policy, 33 (1), 77-94.

Record type: Article

Abstract

This paper undertakes a systematic review of the potential for on-track competition in the passenger railway industry in Great Britain, and concludes that some such competition is likely. A simulation model is developed and tested on an inter-city rail line. The findings in respect of different forms of competition are examined. It is concluded that on-track competition is unlikely to promote economic efficiency unless it leads to cost reductions and/or product differentiation.

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More information

Published date: January 1999
Organisations: Transportation Group

Identifiers

Local EPrints ID: 403196
URI: http://eprints.soton.ac.uk/id/eprint/403196
ISSN: 0022-5258
PURE UUID: 40c08025-8dbc-4a6e-bba5-1cb89bb4afc3
ORCID for J.M. Preston: ORCID iD orcid.org/0000-0002-6866-049X

Catalogue record

Date deposited: 02 Dec 2016 11:58
Last modified: 10 Nov 2021 03:15

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Contributors

Author: J.M. Preston ORCID iD
Author: G. Whelan
Author: M. Wardman

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