Sakai, Hiroki; Takahashi, Yoshinori - In: Research in Transportation Economics 39 (2013) 1, pp. 215-225
The local bus market in Japan was deregulated in 2002. This study examines the impact of this deregulation on the market structure and the operators' cost efficiency over the last ten years. First, we perform a qualitative before-and-after-deregulation analysis of Japan's bus market, finding...