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Market size and vertical structure in the rail way industry
| Content Provider | EconStor |
|---|---|
| Author | Matsushima, Noriaki Mizutani, Fumitoshi |
| Abstract | We provide a theoretical framework to discuss the relation between market size and vertical structure in the railway industry. The framework is based on a simple downstream monopoly model with two input suppliers, labor forces and the rail infrastructure firm. The operation of the downstream firm (i.e., the train operating firm) generates costs on the rail infrastructure firm. We show that the downstream firm with a larger market size is more likely to integrate with the rail infrastructure firm. This is consistent with the phenomenon in the railway industry. |
| File Format | |
| Language | English |
| Publisher | Osaka University, Institute of Social and Economic Research (ISER) |
| Publisher Date | 2011-01-01 |
| Publisher Place | Osaka |
| Access Restriction | Open |
| Rights Holder | http://www.econstor.eu/dspace/Nutzungsbedingungen |
| Subject Keyword | vertical integration railway industry market size vertical coordination Vertikale Integration Marktgröße Eisenbahngesellschaft Schienenstrecke Transportkosten Monopol Firm Organization and Market Structure Oligopoly and Other Imperfect Markets Other Spatial Production and Pricing Analysis |
| Content Type | Text |
| Resource Type | Article |
