Governance, ownership and competition issues in deregulated (free market) public transport: Lessons that can be learnt from developed and developing economies
Document Type
Journal Article
Publication Date
2012
Subject Area
organisation - contracting, mode - bus, place - australasia, place - europe, organisation - governance
Keywords
Deregulation, Local buses, Great Britain, New Zealand, Sweden
Abstract
The past emphasis in this conference series has been on the best ways to deregulate regulated public transport markets. This workshop reverses this process by examining the best ways to regulate deregulated public transport markets. A hierarchy of regulatory needs is identified and three hybrid models examined, based loosely on experience from Great Britain, New Zealand and Sweden. It is argued that deregulated public transport markets are a global phenomenon but regulatory measures should reflect local requirements. The resultant process of glocalisation might result in regulatory measures that focus on the rules of law and their enforcement in emerging public transport markets (such as urban transport in Sub Saharan Africa and for the soon to be competitive inter urban market in Germany) but that focus on guidance for network integration and incentivisation for welfare maximisation in more mature public transport markets (as in Great Britain, New Zealand and Sweden).
Rights
Permission to publish the abstract has been given by Elsevier, copyright remains with them.
Recommended Citation
van de Velde, D., & Preston, J. (2012). Governance, ownership and competition issues in deregulated (free market) public transport: Lessons that can be learnt from developed and developing economies. Research in Transportation Economics, Article in Press, Corrected Proof.
Comments
Research in Transportation Economics Home Page:
http://www.sciencedirect.com/science/journal/07398859