|Chapter title||Transport and deregulation|
|Authors||White, P. and Sturt, A.|
|Editors||Kitchin, R. and Thrift, N.|
The concept of ‘deregulating’ transport industries is examined, drawing examples from the principal modes (bus and coach, rail, air), and a range of countries, to identify the elements and outcomes of this process. Experience in the British case is used as a starting point. A distinction is drawn between ‘deregulation’ (which may apply both to publicly and privately owned operations), and 'privatization' (the transfer of assets and/or operations to the private sector). Outcomes are shown to differ substantially in different market sectors, especially in contrasting the long-distance and intra-urban markets. Price competition may function more effectively in the former. It is important to distinguish impacts of deregulation from those of other factors which will also affect the performance (such as trends in ridership) of the industries concerned, in drawing conclusions about its role.
|Book title||International encyclopedia of human geography|
|Place of publication||London|
|Digital Object Identifier (DOI)||doi:10.1016/B978-008044910-4.01031-2|
|Journal citation||11, pp. 418-423|