Quality standards for passenger trains: Political majorities and environmental costs
economics - profitability, mode - rail, organisation - competition, organisation - performance, place - europe
Economic regulation, Minimum quality standards, Rail environmental standards
This study analyzes the minimum quality standard set by the European Union through regulation 1371/2007 of rail passengers’ rights and obligations. A welfare maximizing quality standard raises quality and consumer satisfaction, but does not improve the modal split of rail transport. A minimum quality standard determined by political majorities may or may not increase welfare. All binding standards, however, induce travelers to switch to transport modes with higher anthropogenic greenhouse gas emissions.
Permission to publish the abstract has been given by Elsevier, copyright remains with them.
Rothbauer, J., & Sieg, G. (2010). Quality standards for passenger trains: Political majorities and environmental costs. Transportation Research Part D: Transport and Environment, Vol. 16, (2), Pp. 178-182.