Transport Services The Limits of (De)regulation

While deregulation and privatisation in the transport sector have led to increases in productivity in general, not all reform hopes have materialised. In particular, the reform of the provision of infrastructure services has not caused the expected mobilisation of private resources, and concession r...

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Bibliographic Details
Corporate Author: European Conference of Ministers of Transport
Format: eBook
Language:English
Published: Paris OECD Publishing 2006
Series:ECMT Round Tables
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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520 |a While deregulation and privatisation in the transport sector have led to increases in productivity in general, not all reform hopes have materialised. In particular, the reform of the provision of infrastructure services has not caused the expected mobilisation of private resources, and concession relations have been less stable and less efficiency-enhancing than expected. In view of current discussions of reform results, the Round Table focused on the following issues: What are the limits for deregulation? Which are the crucial factors that necessitate regulation? What is the role of the transaction costs of regulation? What is the cost of regulation?