EVES-Rail study: Economic effects of vertical separation in the railway sector

What are the net quantitative effects of structural reforms in the European rail sector to-date? Is any specific model systematically superior to the others based on the empirical record? Would a tightening of EU separation requirements be economically justified?

The EVES-Rail study assesses the effects of different forms of vertical organisation in the railway sector in terms of railway system costs, rail modal share, state spending, competitive market entry, and alignment of incentives within the rail sector value chain.

Full report, summary, and Q&As are available here below.