The Privatization Policy in transport companies: Renfe Mercancías

Authors

  • Benjamin Serrano Muñoz

DOI:

https://doi.org/10.7203/IREP.1.1.16460

Abstract

Spain began the legal liberalization of freight rail in 2006. Private operators have been slowly entering a market dominated by public capital operator Renfe Mercancías, a subsidiary of the former monopoly. However, in the years since then there has been no increase in the volume of goods transported. Private operators would have simply replaced Renfe Mercancías in certain services. Among the reasons why there has not been an increase in freight traffic, it is worth mentioning those related to infrastructures different from the existing standard in Europe that makes it difficult for incoming companies to have compatible rolling stock. But perhaps the most relevant organizational element to hinder the growth of private companies is the presence of a public owned company such as Renfe Mercancías. This should lead to a reflection on the suitability of its privatization. 

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Author Biography

Benjamin Serrano Muñoz

Doctor en economía con publicación de más de artículos de ámbito internacional

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Published

2020-01-13

How to Cite

Serrano Muñoz, B. (2020). The Privatization Policy in transport companies: Renfe Mercancías. International Review of Economic Policy-Revista Internacional De Política Económica, 1(1), 107–133. https://doi.org/10.7203/IREP.1.1.16460
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Issue

Vol. 1 No. 1 (2019)

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Articles

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