Publication: Entry in liberalized railway markets: the German experience
Entry in liberalized railway markets: the German experience
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Lalive, R., & Schmutzler, A. (2008). Entry in liberalized railway markets: the German experience. Review of Network Economics, 7(1), 37–52. https://doi.org/10.2202/1446-9022.1137
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In Germany, competitive franchising is increasingly being used to procure passenger railway services that were previously provided by a state monopolist. This paper analyzes 77 tenders that differ with respect to network size, service frequency, contract duration and the proximity to other lines that are already run by competitors of DB Regio, a subsidiary of the successor of the former state monopolist. Our analysis shows that competitors are more likely to win small networks and more recent auctions. Other controls such as contract
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Lalive, R., & Schmutzler, A. (2008). Entry in liberalized railway markets: the German experience. Review of Network Economics, 7(1), 37–52. https://doi.org/10.2202/1446-9022.1137
