Approaches to Regulation of Railways

Part of the Contributions to Economics book series (CE)

Abstract

Chapter 5 will now proceed to present the theoretical best solutions for regulating a railway company as well as the practical regulation models railroads in other countries have chosen for themselves. Based on the findings of this chapter, potential future reforms for Chinese Railways will then be discussed and evaluated.

Keywords

Initial Public Offering Freight Transport Natural Monopoly Railway Company Access Charge 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 26.
    Helmut Schmidt, German chancellor from 1974 to 1982, commented on the situation, pointing out that Germany, unless it took immediate counteraction, would soon only be able to afford either the railway or the armed forces — but not both (Die Bundeskanzlerin 2005; Schmid 2004).Google Scholar
  2. 28.
    Railion is a European railroad cargo carrier group and the result of merging DB Cargo AG (German Railways’ cargo division), NS Cargo NV (Dutch Railways’ cargo business), Railion Danmark and SFM, a private Italian carrier (95 per cent majority purchased by Railion Deutschland AG and renamed Railion Italia in April 2005) (DB AG 2005a).Google Scholar
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Copyright information

© Physica-Verlag Heidelberg 2008

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