Showing 1 - 4 of 4
A number of static and dynamic specifications of a log-linear demand function for public transport are estimated using aggregate panel data for twenty-two Indian states over the period 1990 to 2001. In all cases, transit demand is significant and inelastic with respect to the fare. Service...
Persistent link: https://www.econbiz.de/10010728815
Efficiency measurement in public transport requires an adequate account of unobserved network characteristics that are typically modelled as factors separable from the production process. This paper proposes a panel data model that allows for non-separable firm-specific heterogeneity in an input...
Persistent link: https://www.econbiz.de/10010562310
This paper evaluates cost and scale efficiencies of Switzerland's regulated rural bus companies operating in regional networks. The adopted methodology can be used in benchmarking analyses applied to incentive regulation systems. Moreover, the estimations can be used to evaluate the bidding...
Persistent link: https://www.econbiz.de/10004988137
This paper analyses the cost structure of the Swiss urban public transport sector in order to assess scale and scope economies. A multi-output cost function has been estimated for a panel data set of companies operating trolley-bus, motor-bus and tramway systems. The results suggest increasing...
Persistent link: https://www.econbiz.de/10004988154