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Econometric Analysis of Effects of Unbundling Policy on Costs and Demand

Research Project

Project/Area Number 26380298
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionKobe University

Principal Investigator

Mizutani Fumitoshi  神戸大学, 経営学研究科, 教授 (60263365)

Co-Investigator(Kenkyū-buntansha) 浦西 秀司  大阪市立大学, 大学院経済学研究科, 教授 (80362820)
Project Period (FY) 2014-04-01 – 2017-03-31
Project Status Completed (Fiscal Year 2016)
Budget Amount *help
¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
Fiscal Year 2016: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2015: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2014: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Keywordsアンバンドリング / 上下分離 / 鉄道事業 / 水平分離 / 費用関数 / 需要関数 / 鉄道
Outline of Final Research Achievements

The main results of this research are as follows: (i) the holding company type has a cost saving effect but it is not large. The effect of this type’s unbundling does not change according to train density. (ii) Costs are reduced by vertical separation. However, as train density increases, the reduction rate decreases, eventually leading to cost increase. (iii) Transport demand for passenger and freight tends to increase as overall deregulation progresses. (iv) With passenger transportation, as the degree of entry regulation decreases, and as the degree of vertical separation increases, the amount of transport increases. (v) On the other hand, with freight transportation, as the degree of entry regulation decreases, and as the market structure becomes more competitive, the transport volume increases.

Report

(4 results)
  • 2016 Annual Research Report   Final Research Report ( PDF )
  • 2015 Research-status Report
  • 2014 Research-status Report
  • Research Products

    (12 results)

All 2016 2015 2014 Other

All Int'l Joint Research (1 results) Journal Article (6 results) (of which Int'l Joint Research: 1 results,  Peer Reviewed: 4 results,  Open Access: 2 results,  Acknowledgement Compliant: 1 results) Presentation (4 results) (of which Int'l Joint Research: 3 results,  Invited: 2 results) Book (1 results)

  • [Int'l Joint Research] University of Leeds(United Kingdom)

    • Related Report
      2015 Research-status Report
  • [Journal Article] 企業政府関係2016

    • Author(s)
      水谷文俊
    • Journal Title

      ハンドブック経営学[改訂版]

      Volume: 第15章 Pages: 229-247

    • Related Report
      2016 Annual Research Report
  • [Journal Article] Comparing the Costs of Vertical Separation, Integration, and Intermediate Organisational Structures in European and East Asian Railways2015

    • Author(s)
      Fumitoshi Mizutani, Andrew Smith, Chris Nash, Shuji Uranishi
    • Journal Title

      Journal of Transport Economics and Policy

      Volume: Vol.49, No.3 Pages: 496-515

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research / Acknowledgement Compliant
  • [Journal Article] Railways Branch Out2015

    • Author(s)
      Fumitoshi Mizutani
    • Journal Title

      Metro Report International

      Volume: June Pages: 3-5

    • Related Report
      2015 Research-status Report
  • [Journal Article] Estimation of Optimal Metropolitan Size in Japan with Consideration of Social Costs2014

    • Author(s)
      F. Mizutani, T. Tanaka, N. Nakayama
    • Journal Title

      Empirical Economics

      Volume: 48(4) Issue: 4 Pages: 1713-1730

    • DOI

      10.1007/s00181-014-0850-6

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access
  • [Journal Article] How does market size affect vertical structure when considering vertical coordination? Application to the railway industry2014

    • Author(s)
      Noriaki Matsushima, Fumitoshi Mizutani
    • Journal Title

      Pacific Economic Review

      Volume: 19 Issue: 5 Pages: 657-676

    • DOI

      10.1111/1468-0106.12088

    • Related Report
      2014 Research-status Report
    • Peer Reviewed
  • [Journal Article] Structural Reforms in the Railways: Incentive Misalignment and Cost Implications2014

    • Author(s)
      C. Nash, A. Smith, D. van de Velde, F. Mizutani and S. Uranishi
    • Journal Title

      Research in Transportation Economics

      Volume: 48 Pages: 16-22

    • DOI

      10.1016/j.retrec.2014.09.027

    • Related Report
      2014 Research-status Report
    • Peer Reviewed
  • [Presentation] Japanese Railway Model2016

    • Author(s)
      Fumitoshi Mizutani
    • Organizer
      UITP Policy Board Meeting
    • Place of Presentation
      Tokyo Station Conference, Tokyo, Japan
    • Year and Date
      2016-04-20
    • Related Report
      2016 Annual Research Report
    • Int'l Joint Research / Invited
  • [Presentation] Estimation of Social Costs of Highways in Japan2015

    • Author(s)
      Fumitoshi Mizutani, Yusuke Suzuki, Shuji Uranish
    • Organizer
      The 55th European Regional Science Association Congress
    • Place of Presentation
      Lisbon(Portugal)
    • Year and Date
      2015-08-25
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] An Analysis of the Effects of the Compact City on Economic Activities in Japan2015

    • Author(s)
      Fumitoshi Mizutani, Noriyoshi Nakayama, Tomoyasu Tanaka
    • Organizer
      The 55th European Regional Science Association Congress
    • Place of Presentation
      Lisbon(Portugal)
    • Year and Date
      2015-08-25
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Horizontal Separation and Regulatory Policy in Japan2014

    • Author(s)
      Fumitoshi Mizutani
    • Organizer
      Symposium on Railway Competitiveness Improvement Organized by Korean Ministry of Land, Infrastructure and Transport and the Korea Transport Institute
    • Place of Presentation
      The-K Seoul Hotel, Seoul, Korea
    • Year and Date
      2014-06-19
    • Related Report
      2014 Research-status Report
    • Invited
  • [Book] Rail Economics, Policy and Regulation in Europe2015

    • Author(s)
      Matthias Finger and Pierre Messula (eds.), Matthias Finger and Pierre Messulam, Nacima Baron, Didier van de Velde, Silvia Olsen, Nils Fearnley and Julie Runde Krogstad, Nils Fearnley and Julie Runde Krogstad, Fumitoshi Mizutani 他
    • Total Pages
      392
    • Publisher
      Edward Elgar
    • Related Report
      2015 Research-status Report

URL: 

Published: 2014-04-04   Modified: 2018-03-22  

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