Effects of open access competition on prices and frequencies on the interurban railway market: Evidence from Europe

Authors

Florent Laroche
Ayana Lamatkhanova

Document Type

Journal Article

Publication Date

2022

Subject Area

place - europe, mode - rail, mode - car, organisation - regulation, organisation - structures, organisation - competition, operations - frequency

Keywords

Market structure, Competition, Herfindhal index, Oligopoly, Regulation, Trains

Abstract

This paper explores the effect of competition on prices and frequencies for the Interurban rail market in Europe. Intramodal competition is assessed by the Herfindahl-Hirschman Index (HHI). Intermodal competition takes into account new types of service such as coach and carpooling services. The originality of the analysis stems from the method and database used. The results show that intra-modal competition has a significant impact on frequencies but not on economy class prices because of oligopolistic organizations (duopoly). In addition, the effects of intermodal competition are limited mainly because of considerable differences between services in terms of travel time, comfort and users' preferences.

Rights

Permission to publish the abstract has been given by Elsevier, copyright remains with them.

Comments

Research in Transportation Business & Management Home Page:

http://www.sciencedirect.com/science/journal/22105395

Recommended Citation

Laroche, F., & Lamatkhanova, A. (2022). Effects of open access competition on prices and frequencies on the interurban railway market: Evidence from Europe. Research in Transportation Business and Management, Vol. 43, 100705.