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Passenger rail structure and reform

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter examines the economics of passenger railways, the features of different structures of passenger railway operations, how these structures have changed over time and how they are continuing to change. It begins by examining the drivers of passenger rail economics, to provide an overview of the factors which affect the success (or otherwise) of particular structures. It then considers four main categories of operational structure, focusing on the extent to which they are integrated both vertically and horizontally, and providing examples of their application in practice. Issues relating to regulation and ownership are then discussed, and the chapter concludes by assessing recent changes to the structure of passenger rail markets around the world and the lessons which can be learned from these changes.

Original languageEnglish
Title of host publicationThe Routledge Handbook of Transport Economics
PublisherTaylor & Francis
Pages17-30
Number of pages14
ISBN (Electronic)9781317537960
ISBN (Print)9781138847491
DOIs
Publication statusPublished - 1 Jan 2017

Bibliographical note

Publisher Copyright:
© 2018 selection and editorial matter, Jonathan Cowie and Stephen Ison; individual chapters, the contributors.

ASJC Scopus subject areas

  • General Economics,Econometrics and Finance
  • General Business,Management and Accounting
  • General Social Sciences

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