The Effects of Ownership Structure, Competition, and Cross-Subsidisation on the Efficiency of Public Bus Transport: Empirical Evidence from Germany
This paper quantifies the technical efficiency of German public bus transport companies and discusses main factors influencing their performance, using a stochastic production frontier approach. We test for the efficiency impact of ownership structure, competitive tendering, and potential cross-subsidisation in multi-utility enterprises. Companies that operate in regions where competitive tendering takes place reveal a significantly higher mean efficiency than other companies. Companies that are part of multi-utility enterprises have a significantly lower mean efficiency. Ownership structure has no impact on efficiency. © 2013 LSE and the University of Bath
Year of publication: |
2013
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Authors: | Scheffler, Raimund ; Hartwig, Karl-Hans ; Malina, Robert |
Published in: |
Journal of Transport Economics and Policy. - London School of Economics and University of Bath, ISSN 0022-5258. - Vol. 47.2013, 3, p. 371-386
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Publisher: |
London School of Economics and University of Bath |
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