Should Railways Be Unbundled? The Entrepreneurial Competition Process in the Central and East European Railway Industry

Competition - Theoretical and Practical Aspects, Jihlava: College of Polytechnics Jihlava, 2010

9 Pages Posted: 31 Oct 2010 Last revised: 7 Aug 2011

See all articles by Tomáš Otáhal

Tomáš Otáhal

Mendel University - Faculty of Economics and Business Administration

Date Written: January 1, 2009

Abstract

Should railways be unbundled in Central and Eastern Europe? The Central and East European railways are noncompetitive against other means of transport. Commission of the European Communities has therefore suggested unbundling the railway operations and infrastructure. This proposition is however based on information which in reality is impossible to collect. In this paper, we have applied the theoretical assumptions of unbundling public policy to criticize the proposal of the Commission of the European Communities and provided a theoretical explanation based on the entrepreneurial competition process. The appropriate public policy targeted to competition of railways in Central and Eastern Europe is also suggested.

Keywords: Entrepreneurial competition process, natural monopoly, perfect competition, unbundling of railways

JEL Classification: B53, D23

Suggested Citation

Otáhal, Tomáš, Should Railways Be Unbundled? The Entrepreneurial Competition Process in the Central and East European Railway Industry (January 1, 2009). Competition - Theoretical and Practical Aspects, Jihlava: College of Polytechnics Jihlava, 2010, Available at SSRN: https://ssrn.com/abstract=1699875 or http://dx.doi.org/10.2139/ssrn.1699875

Tomáš Otáhal (Contact Author)

Mendel University - Faculty of Economics and Business Administration ( email )

Staňkova 578/16b
Brno, 602 00
Czech Republic

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
80
Abstract Views
576
rank
366,502
PlumX Metrics