Download or read book Successes and Failures in Regulating and Deregulating Utilities written by Colin Robinson and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School
Download or read book ECMT Round Tables European Integration of Rail Freight Transport written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2004-07-09 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Round Table looks at how the European railway landscape is being reshaped. In doing so, it presents lessons which stand to benefit transport policy throughout Europe.
Download or read book Rail Infrastructure Pricing written by Peter Kain and published by . This book was released on 2003 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulatory Reform of Railways in Russia written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2004-05-11 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report, some of the world's leading experts in rail regulation examine the restructuring of the sector, focusing on tariff reform and the introduction of competition in one of the world's largest rail networks.
Download or read book Handbook on Railway Regulation written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2020-09-25 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a global approach, this insightful Handbook brings together leading researchers to provide a comprehensive overview of the state-of-the-art in railway regulation with a particular focus on countries that rely heavily on railways for transportation links. The Handbook also considers the most pressing issues for those working in and with railway systems, and outlines future trends in the development of rail globally.
Download or read book Competition in the Railway Industry written by José A. Gómez-Ibáñez and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Numerous countries have attempted to improve the performance of their railways by introducing more competition, but there is fierce debate and no consensus on how this is best achieved. This book reveals how railways were an obvious target for reform because they were often losing traffic and money, and because the government was typically deeply involved as either owner or regulator.
Download or read book Integrated Transport Policy written by John Preston and published by Routledge. This book was released on 2018-01-18 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. With an emphasis on land-based passenger transport - particularly rail and road - this collection assesses the implications for regulation and competition of integrated transport policies. Contributions to the volume trace the evolution of transport policy, focus on the pricing of infrastructure, examine the effectiveness of competition and the adequacy of the regulatory framework in the United Kingdom.
Download or read book Increasing passenger rail capacity written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-06-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report points out that the Department for Transport's latest plans for increasing rail capacity would not deliver as much extra capacity as originally specified, although the taxpayer would have provided nearly as much financial support (£1.2 billion over the period 2009-14) to train companies as originally envisaged. Value for money is also at risk because costs, particularly of rail carriages, have risen at the same time as the recession has reduced the Department's projections of demand. Against this background, the Department has reviewed each individual scheme before entering into contract to ensure that it still offers value for money. By March 2010, the Department had secured use of 526 extra carriages, with a further 106 ordered and due to be ready for operation by 2012. Capacity is now expected for 99,000 extra passengers into London in the morning peak (between 07:00 and 09:59), 15 per cent fewer than originally envisaged, and 25,500 extra passengers into other English cities, 33 per cent fewer. Passenger Transport Executives in the North of England - local government bodies responsible for the public transport in major cities - feel that their expectations for increased capacity in their area have not been met. In 2007 the DfT published a thirty-year strategy which set aside £9 billion for capacity increases. Within this, £7 billion was allocated to Network Rail. The Office of Rail Regulation (ORR) scrutinised Network Rail's plans to but the level of cost detail available to ORR restricts its ability to judge or evaluate.
Download or read book Railway Reform Regulation of Freight Transport Markets written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2001-01-25 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy.
Download or read book Regulating Infrastructure written by José A. Gómez-Ibáñez and published by Harvard University Press. This book was released on 2006-09-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collapse of California's wholesale electricity market and the bankruptcy of Britain's largest railroad company have raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate "natural monopolies"--those infrastructure and utility services whose technologies make competition impractical? Rather than sticking to economics, José Gómez-Ibáñez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.
Download or read book Regulating Network Rail s efficiency written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2011-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Limitations in Network Rail's information on its own costs are hampering the ability of the Office of Rail Regulation (the Regulator) to judge the genuineness of the efficiency savings reported by Network Rail. This report acknowledges that the Regulator has significantly developed the methods it uses to judge efficiency. Its targets have demanded substantial improvements from Network Rail. Network Rail has made efficiency savings of 27 per cent in the five years to 2008-09, equivalent to £1.8 billion in that final year. This was below the Regulator's target of 31 per cent, although this was still an achievement when compared to savings in other regulated industries. The Regulator has determined that substantial scope remains for Network Rail to improve its efficiency, estimating that maintenance and renewal activities were 34 per cent to 40 per cent less efficient than the most efficient European rail infrastructure managers in 2008. The Regulator estimates that Network Rail can achieve further efficiency savings of 21 per cent in the five years to March 2014 - equivalent to spending £940 million less in 2013-14 than the forecast for that year without efficiency gains. However, there are continuing limitations in the robustness and coverage of Network Rail's unit cost information. These need to be addressed promptly to improve confidence that future efficiency targets accurately reflect Network Rail's potential for sustainable savings, as the efficiency gap narrows, and that reported savings correctly reflect efficiency gains actually achieved.
Download or read book The Privatisation of British Rail written by Sean McCartney and published by Taylor & Francis. This book was released on 2023-05-23 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatisation of the British railway industry was a unique political and economic event. An integrated industry was broken-up into numerous component parts and sold off to private sector interests. The result was a highly fragmented industry that was structurally unsound and operationally dysfunctional. This authoritative volume presents an enlightening portrait of an industry that is less efficient, more costly and still more dependent on state subsidy today than its nationalised predecessor. The nine chapters in this work present a comprehensive and rigorous evaluation of how and why the industry has become so dysfunctional and costly, supported by detailed financial analysis and industry examples. Seven chapters comprise a series of peer-reviewed academic papers by Professor McCartney and Dr Stittle and published in leading international journals over the period 2004–2017 which analyse selected key segments of the privatised industry: where appropriate, updates are provided at the end of these chapters outlining developments since initial publication relevant to the analysis therein. Two chapters are published here for the first time: Chapter 7 reviews the performance of the freight sector, while Chapter 1 ‘bookends’ the volume by providing first, an account of how rail privatisation was conceived and implemented in the 1980s/90s, and then reviews the impact of the pandemic and the proposals of the Williams-Shapps White Paper of 2021 which, if enacted, will effectively end the Major government’s experiment. Going far beyond the usual superficial analysis of the topic, this volume will be of significant interest to researchers and advanced students of accounting, economics, business history, transport studies, as well as industry and specialised business interests in transport and privatisation.
Download or read book Competitive Tendering of Rail Services written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2007-09-28 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines experience to date from around the world in competitively tendering rail services. It seeks to draw lessons for effective design of concessions and regulation from both the successful and less successful cases examined.
Download or read book Getting Back on Track written by Tony Grayling and published by Institute for Public Policy Research. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Handbook on Economic Regulation written by Michael A. Crew and published by Edward Elgar Publishing. This book was released on 2006 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Crew and David Parker have compiled a comprehensive, up-to-date and detailed analytical work on leading research issues in the economics of regulation. With contributions from international specialists in economic regulation, the Handbook provides a comprehensive discussion of major developments in both the theory and practice of regulatory economics. This book will be an indispensable source for both students and practitioners of regulation. The Handbook begins by looking at the principles, history and methods of regulation before turning to specialist themes including: pricing and social welfare regulating service quality consumer representation performance benchmarking environmental regulation calculating the cost of capital information revelation and incentives the economics of access charging regulatory governance regulatory policy in developing countries particular issues in the regulation of the telecommunications, energy, transport and water sectors. The International Handbook on Economic Regulation is essential reading for researchers in the economics of regulation and students of regulation on final year undergraduate and postgraduate degree courses. As a major reference work, it is of value and assistance to economists in regulatory offices, regulated companies and government departments.
Download or read book Delivering a Sustainable Railway written by Great Britain. Parliament. House of Commons. Transport Committee and published by The Stationery Office. This book was released on 2008 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The White Paper, 'Delivering a sustainable railway' (Cm. 7176, ISBN 9780101717625) published on July 2007 and set the Government's general vision for the railways for the next thirty years. Network Rail's engineering overruns at New Year 2008 caused tremendous inconvenience to passengers across the country and inevitably shaped the Committee's oral evidence sessions. The Committee's investigation, along with analyses from the Office of Rail Regulation (ORR) have led them to believe that the engineering overruns are symptonatic of crucial system flaws which have to be resolved if there is to be any hope of getting a sustainable railway, as promised in the White Paper. This report covers both subjects
Download or read book Understanding Regulation written by Robert Baldwin and published by Oxford University Press on Demand. This book was released on 2012 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the practical and theoretical issues that are central to the study of regulation, which a particular focus on contested areas and how they are dealt with.