The Microeconomics of the Latvian Railway
54th International Scientific Conference on Economics and Enterneurship (SCEE'2013): Proceedings 2013
Justīna Hudenko, Remigijs Počs

This study is targeted on the explanation of how the microeconomic behavior of the public-use rail infrastructure manager interacts with the response of the macroeconomic national wellbeing from the economic theory’s perspective. This empirical research, based on hypothetical-deductive procedures and the system object oriented analysis, finds out the distinctions of the rail market that impacts the usage of the rail infrastructure resources in connection with the state detected indicators of performance. The consistent national transport policy should be oriented on the backing of non-price preferences of the rail infrastructure, participation in an effective coordination among inland members of the transport corridor, as well as the security of investment opportunities. The obtained results could be used for the Latvian public-use railway infrastructure development modeling and considered in national transport development plans.


Keywords
Public-use railway infrastructure, development model, production factors of a rail market

Hudenko, J., Počs, R. The Microeconomics of the Latvian Railway. In: 54th International Scientific Conference on Economics and Enterneurship (SCEE'2013): Proceedings, Latvia, Rīga, 14-16 October, 2013. Riga: Riga Technical University, 2013, pp.101-101. ISBN 9789934102943.

Publication language
English (en)
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