Abstract
The lecture opens with a discussion of the modern history of economists’ treatment of network industries: from cost-of-service regulation through incentive regulation to vertical restructuring. This history is then applied to the freight railways sector, followed by a discussion of the current state of the rail restructuring debate – what we term the European versus the American model, or vertical versus horizontal separation – first generally and then in the Russian Federation. Finally, we seek to derive lessons relevant to Russia from both the empirical literature and the results of recent reform policies implemented in the United States and the European Union.
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© 2020 Walter de Gruyter GmbH, Berlin/Boston
Artikel in diesem Heft
- Original Articles
- On a Fallacy in the Coase Theorem and the Theorem of Transaction Costs Substitution
- On the Economics of Restructuring World Railways, with a Focus on Russia
- The Practice and Principle of City Planning in Contemporary China
- Market for Ideas
- A conversation with Robert B. Ekelund
- Wisdom of the Past
- Theological-Political Treatise, Chapter 20, “That in a Free Society Every Man May Think What he Likes, and Say What He Thinks”
Artikel in diesem Heft
- Original Articles
- On a Fallacy in the Coase Theorem and the Theorem of Transaction Costs Substitution
- On the Economics of Restructuring World Railways, with a Focus on Russia
- The Practice and Principle of City Planning in Contemporary China
- Market for Ideas
- A conversation with Robert B. Ekelund
- Wisdom of the Past
- Theological-Political Treatise, Chapter 20, “That in a Free Society Every Man May Think What he Likes, and Say What He Thinks”