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SCHEMES AND LEVELS OF STATE AID TO RAIL INDUSTRY IN EUROPE: EVIDENCES FROM A CROSS-COUNTRY COMPARISON

European Journal of Business and Economics

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Title SCHEMES AND LEVELS OF STATE AID TO RAIL INDUSTRY IN EUROPE: EVIDENCES FROM A CROSS-COUNTRY COMPARISON
 
Creator Arrigo, Ugo; Department of Business Administration, Finance, Management and Law, University of Milano-Bicocca
Foggia, Giacomo Di; Department of Business Administration, Finance, Management and Law, University of Milano-Bicocca
 
Subject Railways, State aid, Deregulation, Transport economics, Subsidies, Europe, Competition
H81, L92, L43
 
Description The purpose of this paper is to illustrate the evolution of both schemes and levels of public support to railway sector in selected European countries. Although prior research sheds some light on this topic, more information is required to clarify national obligations under European railway liberalisation law regarding incentives toward railway undertakings. Focusing on Italy, besides the reduction of capital grants, justified by the completion of the high-speed line Turin-Milan-Naples, this paper finds an increasing support to the service operators and in the meantime a reduction of subsidies aimed at financing network operations. This shift of resources may undermine competition. The findings of this study help to fill the gap in estimating State aid to European  railways.
 
Publisher CBU, o.p.s.
 
Contributor —
 
Date 2013-12-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://ojs.journals.cz/index.php/EJBE/article/view/410
10.12955/ejbe.v8i3.410
 
Source European Journal of Business and Economics; Vol 8, No 3 (2013)
1804-9699
10.12955/ejbe.v8i3
 
Language eng
 
Relation https://ojs.journals.cz/index.php/EJBE/article/view/410/399
 
Rights Copyright (c) 2013 Ugo Arrigo, Giacomo Di Foggia
https://creativecommons.org/licenses/by/3.0/