IDEAS home Printed from https://ideas.repec.org/a/eso/journl/v44y2013i2p247-272.html
   My bibliography  Save this article

The Small Public Service Vehicle Market in Ireland: Regulation and the Recession

Author

Listed:
  • Paul K. Gorecki

    (Economic and Social Research Institute and Trinity College Dublin)

Abstract

The small public service vehicle (SPSV) market in Ireland appears to have adjusted well to the changed economic circumstances since the onset of the recession. Despite this, a prohibition has been introduced since June 2010 on new taxi and hackney licences, while a series of measures are being introduced in 2012 and 2013 that are likely to limit the flexibility of the SPSV market to respond to changes in demand and supply, especially during busy peak periods, while at the same time obscuring market signals and making regulation more difficult. Taken together these measures mean that there is a real danger that when the economy revives and demand for SPSV services increases that there will be increased waiting times, as there were in the 1990s when taxi numbers were restricted, while fare discounting will end much sooner than it otherwise would. In this paper these issues are explored together with the implications for independence of the SPSV regulatory regime.

Suggested Citation

  • 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.
    • Handle: RePEc:eso:journl:v:44:y:2013:i:2:p:247-272
    as

    Download full text from publisher

    File URL: http://www.esr.ie/vol44_2/05%20Gorecki%20PP_ESRI%20Vol%2044-2.pdf
    File Function: First version,2013
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. De Vany, Arthur S, 1975. "Capacity Utilization under Alternative Regulatory Restraints: An Analysis of Taxi Markets," Journal of Political Economy, University of Chicago Press, vol. 83(1), pages 83-94, February.
    2. 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.
    3. 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).
    4. Shaw, R W & Shaw, S A, 1983. "Excess Capacity and Rationalisation in the West European Synthetic Fibres Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 32(2), pages 149-166, December.
    5. Alfred E. Kahn, 1988. "The Economics of Regulation: Principles and Institutions," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610523, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. Weir Stephen, 2019. "The liberalisation of taxi policy: Capture and recapture?," Administration, Sciendo, vol. 67(2), pages 113-135, May.
    3. Barrett Sean, 2018. "Reflections on rent-seeking in Ireland and its bus industry," Administration, Sciendo, vol. 66(1), pages 129-146, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    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. 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.
    4. Cherry, Barbara A., 2014. "Historical mutilation: How misuse of 'public utility and 'natural monopoly' misdirects US telecommunications policy development," 20th ITS Biennial Conference, Rio de Janeiro 2014: The Net and the Internet - Emerging Markets and Policies 106881, International Telecommunications Society (ITS).
    5. Brett M. Frischmann & Christiaan Hogendorn, 2015. "Retrospectives: The Marginal Cost Controversy," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 193-206, Winter.
    6. SangHyun Cheon & Dong-Wook Song & Sungjin Park, 2018. "Does more competition result in better port performance?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(3), pages 433-455, September.
    7. Joe R. Hulett & Robert B. Eke Lund Jr. & W. Mark Crain, 1976. "The Private Provision of Public Goods: A Note on the Demsetz Model," Public Finance Review, , vol. 4(1), pages 45-55, January.
    8. Wong, K.I. & Wong, S.C. & Yang, Hai & Wu, J.H., 2008. "Modeling urban taxi services with multiple user classes and vehicle modes," Transportation Research Part B: Methodological, Elsevier, vol. 42(10), pages 985-1007, December.
    9. Niklas S. Dürr & Kai Hüschelrath, 2017. "Deregulation and the determinants of network access: evidence from the German interurban bus industry," Applied Economics Letters, Taylor & Francis Journals, vol. 24(13), pages 950-955, July.
    10. Pettus, Michael L. & Kor, Yasemin Y. & Mahoney, Joseph T., 2007. "A Theory of Change in Turbulent Environments: The Sequencing of Dynamic Capabilities Following Industry Deregulation," Working Papers 07-0100, University of Illinois at Urbana-Champaign, College of Business.
    11. Martijn Van Den Hurk & Koen Verhoest, 2016. "The challenge of using standard contracts in public-private partnerships," Public Management Review, Taylor & Francis Journals, vol. 18(2), pages 278-299, February.
    12. Fabien Leurent, 2019. "Microeconomics of a taxi service in a ring-shaped city," Working Papers hal-02047269, HAL.
    13. Parker, David, 2001. "Economic Regulation: A Preliminary Literature Review and Summary of Research Questions Arising," Centre on Regulation and Competition (CRC) Working papers 30616, University of Manchester, Institute for Development Policy and Management (IDPM).
    14. Ogus, Anthony, 2001. "Regulatory Institutions and Structures," Centre on Regulation and Competition (CRC) Working papers 30704, University of Manchester, Institute for Development Policy and Management (IDPM).
    15. 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).
    16. 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.
    17. Nancy L. Rose, 2014. "Learning from the Past: Insights for the Regulation of Economic Activity," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 1-23, National Bureau of Economic Research, Inc.
    18. Zhang, Yufeng & Khani, Alireza, 2021. "Integrating transit systems with ride-sourcing services: A study on the system users’ stochastic equilibrium problem," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 95-123.
    19. Blayac, Thierry & Bougette, Patrice, 2017. "Should I go by bus? The liberalization of the long-distance bus industry in France," Transport Policy, Elsevier, vol. 56(C), pages 50-62.
    20. Carl Danner & Paul Schulman, 2019. "Rethinking Risk Assessment for Public Utility Safety Regulation," Risk Analysis, John Wiley & Sons, vol. 39(5), pages 1044-1059, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eso:journl:v:44:y:2013:i:2:p:247-272. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aedin Doris (email available below). General contact details of provider: https://www.esr.ie .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.