IDEAS home Printed from https://ideas.repec.org/a/taf/pubmmg/v22y2002i3p41-48.html
   My bibliography  Save this article

Core Articles: Delivering Better Transport? An Evaluation of the Ten--Year Plan for the Railway Industry

Author

Listed:
  • Gerald Crompton
  • Robert Jupe

Abstract

In July 2000, the Government published Transport 2010, its ten--year plan to improve Britain’s transport. This article reviews the proposals to improve the railway system, and examines their likely effects on investment by the railway companies and on passenger safety. The plan is analysed in the context of the structure of the privatized railway industry and its regulatory bodies, with particular reference to the performance of Railtrack (now in administration). The authors conclude that the Government was over--confident in believing that a defective privatized structure could deliver the expansion it wanted. The article shows that the Government has been relying on inadequate and under--performing instruments, over some of which it had little control. This will probably continue unless Railtrack is restructured and taken back into public ownership. Progress so far has been limited, and the prospects of success are not good.

Suggested Citation

  • Gerald Crompton & Robert Jupe, 2002. "Core Articles: Delivering Better Transport? An Evaluation of the Ten--Year Plan for the Railway Industry," Public Money & Management, Taylor & Francis Journals, vol. 22(3), pages 41-48, July.
    • Handle: RePEc:taf:pubmmg:v:22:y:2002:i:3:p:41-48
    DOI: 10.1111/1467-9302.00317
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/1467-9302.00317
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1111/1467-9302.00317?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Oliver Lewis & Avner Offer, 2021. "Railways as Patient Capital," Oxford Economic and Social History Working Papers _195, University of Oxford, Department of Economics.
    2. Robert Jupe, 2005. "The Future of Rail? An Evaluation of the 2004 Railway Industry White Paper," Public Money & Management, Taylor & Francis Journals, vol. 25(3), pages 187-194, June.
    3. McCartney, Sean & Stittle, John, 2012. "‘Engines of Extravagance’: The privatised British railway rolling stock industry," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(2), pages 153-167.

    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:taf:pubmmg:v:22:y:2002:i:3:p:41-48. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RPMM20 .

    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.