KLOPPENBURG, Wolfgang and Petr WAWROSZ. The Analysis of the Performance of the Largest German Regional Rail Passenger Transport Companies. Review of Economics and Finance. Solihull: REFpress, 2022, vol. 20, No 1, p. 1376-1384. ISSN 1923-7529. Available from: https://dx.doi.org/10.55365/1923.x2022.20.150. |
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@article{10626, author = {Kloppenburg, Wolfgang and Wawrosz, Petr}, article_location = {Solihull}, article_number = {1}, doi = {http://dx.doi.org/10.55365/1923.x2022.20.150}, keywords = {German railway reform; German SPNV companies; railway competition; competitive prices; financial performance; personal cost}, language = {eng}, issn = {1923-7529}, journal = {Review of Economics and Finance}, title = {The Analysis of the Performance of the Largest German Regional Rail Passenger Transport Companies}, url = {https://refpress.org/volume-20-review-of-economics-and-finance/}, volume = {20}, year = {2022} }
TY - JOUR ID - 10626 AU - Kloppenburg, Wolfgang - Wawrosz, Petr PY - 2022 TI - The Analysis of the Performance of the Largest German Regional Rail Passenger Transport Companies JF - Review of Economics and Finance VL - 20 IS - 1 SP - 1376-1384 EP - 1376-1384 PB - REFpress SN - 19237529 KW - German railway reform KW - German SPNV companies KW - railway competition KW - competitive prices KW - financial performance KW - personal cost UR - https://refpress.org/volume-20-review-of-economics-and-finance/ N2 - German railway reform implemented in 1994 meant abolishing monopoly of Deutsche Bahn and introducing of competition. Other companies were allowed to enter local passenger rail transport (SPNV). Their share gradually increased and achieved about 40 % in 2020. The reform doubled the number of passengers between 1994 and 2019. However, many new participants, especially with foreign owners suffer big losses from their operations, some of them even went bankrupt or can operate only due to massive support from their owners. Another problem is that railway companies face shortage of qualified personal staff. The article describes the essence of the reform and analyzes the performance of the main railway companies operating in SPNV, investigates whether they achieved their market share gains in this period due to strong competition via price and if personnel costs had a significant impact on their results. ER -
KLOPPENBURG, Wolfgang and Petr WAWROSZ. The Analysis of the Performance of the Largest German Regional Rail Passenger Transport Companies. \textit{Review of Economics and Finance}. Solihull: REFpress, 2022, vol.~20, No~1, p.~1376-1384. ISSN~1923-7529. Available from: https://dx.doi.org/10.55365/1923.x2022.20.150.
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