Abstract

Objective: To evaluate the economic consequences for state activity regulation of suburban passenger railway companies. Methods: The research employed the methods for calculating economically sound expenses considered in price (rate) formation for services provided by natural monopoly entities in public railway passenger transportation in suburban areas of the Russian Federation subjects. Results: Economic consequences were determined for the use of this state regulation tool for the suburban passenger complex, including its influence on the financial results of overall company activity as well as costs distribution for suburban passenger transportation between the Russian Federation subjects included in the company service range. Main factors influencing the net cost of transport operation and unit cost of transportation service were determined. Their influence over the economic factors of company operation in regions differing in passenger flow intensity and transport operation volumes was analyzed. The differences in reaction of the full-rate and discount passenger turnover to modification of service price and quality were determined. It was concluded that the current mechanism of income shortfall compensation does not provide the company with economic stimuli to reduce its operational costs. Practical importance: The research results can be used in forming an efficient mechanism for managing a suburban passenger transportation company, aimed at increasing its profitability and ensuring competitiveness on the suburban passenger transportation market.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.