Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?

37 Pages Posted: 29 Nov 2004

See all articles by Elizaveta Cheviakhova

Elizaveta Cheviakhova

Boston College

Guido Friebel

Goethe University Frankfurt; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

Sergei Guriev

Sciences Po; Centre for Economic Policy Research (CEPR)

Russell W. Pittman

U.S. Department of Justice - Economic Analysis Group; Kyiv School of Economics; New Economic School (NES)

Anna Tomova

University of Zilina - Faculty of Operation and Economics of Transport and Communications

Abstract

Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. Observed improvements in productivity associated with vertical access and vertical separation in Western Europe are not certain to be replicated following similar restructuring in transition economies, especially if one takes account of the much higher shadow price on government subsidies in the latter. This paper describes in detail the current and proposed reforms in the railways of Central and Eastern Europe and Russia, analyzes the likely outcomes of reforms in the special economic, regulatory, and legal environments of these countries, and presents an alternative proposal for restructuring in Russia.

Keywords: Rail, restructuring, access, vertical separation, deregulation, Russia, Central and Eastern Europe, transition

JEL Classification: H54, K23, L14, L22, L33, L43, L51, L92, P37

Suggested Citation

Cheviakhova, Elizaveta and Friebel, Guido and Guriev, Sergei and Pittman, Russell and Tomova, Anna, Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?. Available at SSRN: https://ssrn.com/abstract=623963 or http://dx.doi.org/10.2139/ssrn.623963

Elizaveta Cheviakhova

Boston College ( email )

Chestnut Hill, MA 02167
United States

Guido Friebel

Goethe University Frankfurt ( email )

Gr├╝neburgplatz 1
Frankfurt am Main, 60323
Germany

Centre for Economic Policy Research (CEPR)

London
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Sergei Guriev

Sciences Po ( email )

27 rue Saint-Guillaume
Paris Cedex 07, 75337
France

HOME PAGE: http://econ.sciences-po.fr/staff/sergei-guriev

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Russell Pittman (Contact Author)

U.S. Department of Justice - Economic Analysis Group ( email )

450 5th St. NW
Antitrust Division
Washington, DC 20530
United States
202-307-6367 (Phone)
202-307-3372 (Fax)

Kyiv School of Economics ( email )

vul. Yakira, 13, 3d floor, suite 334
Kyiv, 04119
Ukraine

New Economic School (NES) ( email )

100A Novaya Street
Moscow, Skolkovo 143026
Russia

Anna Tomova

University of Zilina - Faculty of Operation and Economics of Transport and Communications ( email )

01026 Zilina
Slovakia

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