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Working paper

О преимуществах модели отрытого доступа (на примере реформы пассажирского железнодорожного транспорта России)

Дементьев А.
The open access model of rail passenger sector in Russia is formally analysed to access the merits of complete vertical divestiture of the integrated infrastructure company (RZD) as an option for future reform. The establishment of Federal Passenger Directorate as an RZD’s downstream affiliate may provide substantial economies of scope but create incentives to disadvantage its rivals in the form of cost-increasing sabotage. We found that the welfare gain from complete vertical divestiture may depend on the nature and toughness of downstream competition and be irrelevant to the size of scope economies and maximum level of sabotage. Open access model proves to be comparatively more attractive when downstream firms are constrained in their capacities, have quite similar costs and compete in prices.