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Regulatory Capture, Property Rights And Taxi Deregulation: A Case Study

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  • Sean D. Barrett

Abstract

The deregulation of the taxi sector in Ireland by the High Court in 2000 brought a three‐fold increase in taxi numbers and much reduced passenger waiting times for taxis. The deregulation decision by the High Court was based on the rights of persons to enter a sector for which they had the training and skills and the right of the public to purchase the services of such persons. The decision was upheld in judicial review. The case study indicates the superiority of deregulation over proposals for more gradual liberalization.

Suggested Citation

  • Sean D. Barrett, 2003. "Regulatory Capture, Property Rights And Taxi Deregulation: A Case Study," Economic Affairs, Wiley Blackwell, vol. 23(4), pages 34-40, December.
    • Handle: RePEc:bla:ecaffa:v:23:y:2003:i:4:p:34-40
    DOI: 10.1111/j.1468-0270.2003.00441.x
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    Citations

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    Cited by:

    1. Gorecki, Paul K., 2017. "Competition and vested interests in taxis in Ireland: A tale of two statutory instruments," Transportation Research Part A: Policy and Practice, Elsevier, vol. 101(C), pages 228-237.
    2. Gorecki, Paul K., 2012. "Regulating Small Public Service Vehicles in Ireland: Is There a Problem of Oversupply?," Papers WP441, Economic and Social Research Institute (ESRI).
    3. Thorsten Heilker & Gernot Sieg, 2017. "A duopoly of transportation network companies and traditional radio-taxi dispatch service agencies," Working Papers 24, Institute of Transport Economics, University of Muenster.
    4. Cetin, Tamer & Deakin, Elizabeth, 2019. "Regulation of taxis and the rise of ridesharing," Transport Policy, Elsevier, vol. 76(C), pages 149-158.
    5. Benedikt Koehler, 2005. "Licence Values In Taxi Markets," Economic Affairs, Wiley Blackwell, vol. 25(2), pages 52-54, June.
    6. Weir Stephen, 2019. "The liberalisation of taxi policy: Capture and recapture?," Administration, Sciendo, vol. 67(2), pages 113-135, May.
    7. Adrian T. Moore & Ted Balaker, 2006. "Do Economists Reach a Conclusion on Taxi Deregulation?," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 109-132, January.
    8. Çetin, Tamer & Yasin Eryigit, Kadir, 2011. "Estimating the effects of entry regulation in the Istanbul taxicab market," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(6), pages 476-484, July.
    9. Paul K. Gorecki, 2013. "The Small Public Service Vehicle Market in Ireland: Regulation and the Recession," The Economic and Social Review, Economic and Social Studies, vol. 44(2), pages 247-272.
    10. Sean D. Barrett, 2010. "The Sustained Impacts Of Taxi Deregulation," Economic Affairs, Wiley Blackwell, vol. 30(1), pages 61-65, March.
    11. Rongxiang Su & Zhixiang Fang & Ningxin Luo & Jingwei Zhu, 2018. "Understanding the Dynamics of the Pick-Up and Drop-Off Locations of Taxicabs in the Context of a Subsidy War among E-Hailing Apps," Sustainability, MDPI, vol. 10(4), pages 1-24, April.
    12. Christian Seibert, 2006. "Taxi Deregulation And Transaction Costs," Economic Affairs, Wiley Blackwell, vol. 26(2), pages 71-73, June.
    13. Tamer Çetin & Fuat Oğuz, 2010. "The Effects Of Economic Regulation In The Istanbul Taxicab Market," Economic Affairs, Wiley Blackwell, vol. 30(3), pages 59-64, October.
    14. Vignon, Daniel & Yin, Yafeng & Ke, Jintao, 2023. "Regulating the ride-hailing market in the age of uberization," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 169(C).
    15. Çetin, Tamer & Yasin Eryigit, Kadir, 2013. "The economic effects of government regulation: Evidence from the New York taxicab market," Transport Policy, Elsevier, vol. 25(C), pages 169-177.

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