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Economic Analysis and Policy Evaluation in the Railway Industry
An International Perspective
Marc Ivaldi , Pedro Cantos Sánchez
Economic Analysis and Policy Evaluation in the Railway Industry: An International Perspective provides a systematic description of key topics of modern rail systems. Contributors evaluate the economic effects of forces shaping railway and transportation industries worldwide. The book covers a description of the recent evolution of the sector emphasizing those countries or areas where railways have achieved different degrees of development. Economic concepts, techniques and applied empirical models are considered to illustrate the different aspects of the rail markets. The assessment of regulatory, competition and infrastructure issues related to rail markets are also described with detail.
- Assesses the economics of restructuring, competition policy, pricing and investments in rail markets
- Provides insights to understadn the behaviour of rail markets
- Illustrates the opportunities and risks of various regulatory policies
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