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    Economic governance of railways in a federation

    20522_downloaded_stream_510.pdf (189.9Kb)
    Access Status
    Open access
    Authors
    Wills-Johnson, Nick
    Date
    2008
    Type
    Working Paper
    
    Metadata
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    Citation
    Wills-Johnson, Nick (2008) Economic governance of railways in a federation, Centre for Research in Applied Economics Working Paper Series: no. 200805, Curtin University of Technology, School of Economics and Finance.
    Faculty
    Curtin Business School
    School of Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/10812
    Collection
    • Curtin Research Publications
    Abstract

    Until recently, Australia?s State Government-owned railways operated almost entirely within their home states. This has begun to change, in response to the new dynamics unleashed by economic and structural reforms which began in the 1990s. The economic regulatory system that governs third party access to track infrastructure is still a mix of State and Federal regulation, which has lead to calls for greater consistency. However, it is not clear how much centralisation is optimal. This paper examines railway governance from an historical and a functional perspective, and argues that the best approach is not technocratic, but institutional.

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