The aim of this paper is to account for the impact of statistical noise and exogenous regulatory and environmental factors on the efficiency of public transit systems in a DEA-based framework. To this end, we implement a three-stage DEA-SFA mixed approach based on Fried et al. (2002) using a...

In this paper we analyse the cost structure of a sample of Italian Local Public Transport (LPT) companies operating in large urban centres, so as to extend the evidence of some recent studies focused on small-sized and medium-sized operators. The main focus is to verify the presence and the...

Nowadays, a very little attention has been dedicated to the field of job satisfaction (JS) and organisational commitment (OC) analysis in public research institutions. This work, run in the Italian National Electronics Institute (Istituto elettrotecnico nazionale) "Galileo Ferraris" located in...

The aim of the present study is to provide fresh evidence about the characteristics of cost structure of public transit systems in Italy. The analysis is carried out by comparing the productive performance (average costs and productivity) of small, medium and large-sized companies providing both...

This study provides fresh evidence about the characteristics of technology and cost structure of public transit systems in Italy. The aim is to suggest useful guidelines for facing detected inefficiencies. The analysis is carried out through the estimation of a translog variable cost function....

The core of the present study is to analyse the cost efficiency of public transit systems in Italy, investigating the way subsidization mechanisms and network characteristics affect the x-inefficiency levels of firms. The analysis uses a seven-year (1993-1999) unbalanced panel of 45 Italian...

In this paper we attempt to shed some light on the way the regulation of public transit systems has been approached in the past and is presently addressed in Italy. The reduction of x-inefficiency represents a great challenge for the local authorities, given the high operating costs faced by the...

The aim of the paper is to provide empirical evidence on the relationship between industrial structure and M&A process. We focus on the determining factors fostering a firm to choose controlling acquisitions or non-controlling ones. We use the Acquisitions and Divestments Database (ADD), a...

This paper provides empirical evidence on how EU leading firms adjusted to European economic integration with respect to the following strategic variables: entry/exit decisions in the product/geographic space (diversification/multinationality). A novel dataset, including detailed information on...

This work deals with two main issues: first, the possibility of identifying differences in firm economic returns (operating profit margins) for different groups of innovation strategy and second, the possibility of checking for factors explaining the probability of being within the best...