The University of Southampton
University of Southampton Institutional Repository

The policy debate in Britain

The policy debate in Britain
The policy debate in Britain
This paper considers the arguments for and against alternative methods of rail privatization in Great Britain. Economic characteristics of the railway industry are discussed and the reasons why governments intervene in the rail sector are examined. Empirical evidence on economies of scale and the impacts of the methods of organization on the efficiency of the rail industry are examined. The current proposals for organizational and regulatory reform for British Rail are examined in the light of this evidence. The authors conclude that problems identified with all the possible methods of privatization suggest that the government should proceed cautiously on privatization. Access to infrastructure for private operators and franchising of services should be key elements in privatization policy.
226-258
Edward Elgar Publishing
Nash, C
4b9675b2-609d-4fe7-9450-9bd25bca2bc7
Preston, J.
ef81c42e-c896-4768-92d1-052662037f0b
Nash, C
4b9675b2-609d-4fe7-9450-9bd25bca2bc7
Preston, J.
ef81c42e-c896-4768-92d1-052662037f0b

Nash, C and Preston, J. (2002) The policy debate in Britain. In, Privatisation of Railways: Methods and Obstacles. Cheltenham, GB. Edward Elgar Publishing, pp. 226-258.

Record type: Book Section

Abstract

This paper considers the arguments for and against alternative methods of rail privatization in Great Britain. Economic characteristics of the railway industry are discussed and the reasons why governments intervene in the rail sector are examined. Empirical evidence on economies of scale and the impacts of the methods of organization on the efficiency of the rail industry are examined. The current proposals for organizational and regulatory reform for British Rail are examined in the light of this evidence. The authors conclude that problems identified with all the possible methods of privatization suggest that the government should proceed cautiously on privatization. Access to infrastructure for private operators and franchising of services should be key elements in privatization policy.

Text
view.aspx_id=665493 - Other
Restricted to Repository staff only
Request a copy

More information

Published date: 2002
Organisations: Transportation Group

Identifiers

Local EPrints ID: 403298
URI: http://eprints.soton.ac.uk/id/eprint/403298
PURE UUID: c8939d8d-1255-4090-9c42-f7be8626a835
ORCID for J. Preston: ORCID iD orcid.org/0000-0002-6866-049X

Catalogue record

Date deposited: 02 Dec 2016 14:41
Last modified: 16 Mar 2024 03:48

Export record

Contributors

Author: C Nash
Author: J. Preston ORCID iD

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×