Track Access Charges in the European Union Railroad Sector: A Consideration of Company Organization and Institutional Quality

Ilmenau Economics Discussion Papers, Vol. 27, No. 164 (2022)

39 Pages Posted: 18 Aug 2022

See all articles by Andreas Schöne

Andreas Schöne

Ilmenau University of Technology - Institute of Economics

Philipp Kunz-Kaltenhäuser

Ilmenau University of Technology

Date Written: July 25, 2022

Abstract

Track access charges are the main driver of infrastructure costs for rail operators in the rail transport sector, accounting for up to 88 percent of costs. This paper analyzes track access charges of 28 EU countries with the respective trajectories of the company forms employing panel regressions to unbalanced panel data for the period 2011 to 2019. As a result, a fundamental correlation between company forms and track access charges could be determined. Starting from a vertically integrated company, massive cost advantages could be identified for unbundled and partially privatized company forms by avoiding efficiency-impeding behavior. The results shed light on the European railroad packages and their national implementation.

Keywords: Track Access Charges, Railroad Sector, Institutional Quality, Transportation, Industrial Policy

JEL Classification: L11, L14, L42, L51, L52

Suggested Citation

Schöne, Andreas and Kunz-Kaltenhäuser, Philipp, Track Access Charges in the European Union Railroad Sector: A Consideration of Company Organization and Institutional Quality (July 25, 2022). Ilmenau Economics Discussion Papers, Vol. 27, No. 164 (2022), Available at SSRN: https://ssrn.com/abstract=4177963

Andreas Schöne (Contact Author)

Ilmenau University of Technology - Institute of Economics ( email )

Philipp Kunz-Kaltenhäuser

Ilmenau University of Technology ( email )

Ilmenau, D-98684
Germany

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