Ottoz, Elisabetta; Fornengo, Graziella; Giacomo, Marina Di - In: Applied Economics 41 (2009) 3, pp. 337-349
This article examines the potential impact of ownership on the cost of bus service provision for a sample of 65 private and 12 public companies providing local public transit (LPT) in Piedmont (Italy) from 1998 to 2002. A translog cost frontier is estimated using the model in Battese and Coelli...