Benchmarking and Regulation in Transport
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Benchmarking and Regulation in Transport

European Perspectives

9781800374331 Edward Elgar Publishing
Edited by Chris Nash, Research Professor, Institute for Transport Studies, University of Leeds, UK and Visiting Professor, Masaryk University, Czech Republic and Ginevra Bruzzone, Senior Fellow, Luiss School of European Political Economy, Italy
Publication Date: 2021 ISBN: 978 1 80037 433 1 Extent: 224 pp
This insightful book provides readers with an in-depth discussion of the use of benchmarking in regulation in the European transport sector. It argues that benchmarking is invaluable to regulators, particularly in the transport sector where the pressures of competition in – or for – the market are often absent.

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Critical Acclaim
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This insightful book provides readers with an in-depth discussion of the use of benchmarking in regulation in the European transport sector. It argues that benchmarking is invaluable to regulators, particularly in the transport sector where the pressures of competition in – or for – the market are often absent.

Written by a range of expert contributors, chapters offer an analysis of methodology and data requirements, as well as practical examples of the use of benchmarking in the main transport modes (such as road, rail, seaports, airports and local public transport). Utilising illuminating case studies, the book also reviews the importance of benchmarking in the application of European competition law and considers the issue of obtaining appropriate and reliable data to achieve this.

Benchmarking and Regulation in Transport will be an essential read for researchers, scholars and students in the fields of economic regulation, governance, transport economics and transport law. It will also be useful for policymakers and regulators who wish to further their understanding of the benefits of benchmarking in an efficiency-enhancing public policy strategy, especially within transport infrastructure.
Critical Acclaim
‘Benchmarking has become an important tool for sectors such as transport where there is limited direct competition. It aids both regulators and the operators themselves to identify best practice and enhance performance. This valuable volume brings together a comprehensive analysis of the economics of benchmarking, how to benchmark effectively, and applications to individual modes of transport and case studies. The authors are internationally recognised academic authorities in the field but also bring considerable experience of applying benchmarking in practice.’
– Roger Vickerman, University of Kent and Transport Strategy Centre, Imperial College London, UK
Contributors
Contributors: Ginevra Bruzzone, Carlo Cambini, Giovanni Fraquelli, Chris Nash, Andrew Smith, Eddy Van de Voorde
Contents
Contents:

Foreword by Andrea Camanzi xi
Preface xiii

PART I BACKGROUND
1 The role of benchmarking in efficiency-enhancing strategies 2
Chris Nash and Ginevra Bruzzone
2 Methodology 11
Andrew Smith, Giovanni Fraquelli and Carlo Cambini
3 The issue of data 44
Ginevra Bruzzone and Chris Nash

PART II BENCHMARKING AND REGULATION IN
THE DIFFERENT TRANSPORT MODES
4 Benchmarking in roads and tolled highways 53
Carlo Cambini and Chris Nash
5 Rail benchmarking 72
Andrew Smith and Chris Nash
6 Local public transport 92
Giovanni Fraquelli
7 Seaports and airports 118
Eddy Van de Voorde and Chris Nash

PART III LEARNING FROM EXPERIENCE: SOME
CASE STUDIES
8 Rail in Britain 138
Chris Nash and Andrew Smith
9 Belgian ports and airports 152
Eddy Van de Voorde

PART IV THE INTERPLAY WITH COMPETITION POLICY
10 The interplay of regulation and State aid control in the
transport sector 171
Ginevra Bruzzone
11 Benchmarking in EU antitrust law 192
Ginevra Bruzzone

PART V CONCLUSION
12 Conclusion: benchmarking and regulation in transport 201
Ginevra Bruzzone and Chris Nash

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