AN ECONOMIC ANALYSIS OF THE RAILWAY SECTOR IN EUROPEAN UNION COUNTRIES

被引:0
|
作者
Mihail, Busu [1 ]
Busu, Cristian [1 ]
机构
[1] Bucharest Univ Econ Studies, Bucharest, Romania
关键词
railway sector; economic indicators; multiple linear regression; economic efficiency; EFFICIENCY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
While the railway sector has historically been an important component of the transport industry in the EU, it has seen, in the last 30 years, its market share constantly declining in comparison with other modes of transport (especially road transport), for passenger transport. Furthermore, this was a sector characterized by national markets, the presence of a monopolistic operator controlling the infrastructure and the services as well as major State subsidies, which did not encourage efficiency. This article makes an overview of the European railway sector, analyzing the impact of the liberalization process and institutional reforms in the railway industry.
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页码:51 / 58
页数:8
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