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Competitive tendering of local bus services has received increased attention in Germany, but little is known about the factors affecting tendering prices. Based on a comprehensive dataset of 157 tender procedures, we show that contract prices have regionally varying determinants and...
Persistent link: https://www.econbiz.de/10010990160
This paper evaluates cost efficiency and some of its managerial determinants in Germany's local public transport. A heteroscedastic stochastic frontier approach reveals that a high degree of tramcar utilisation and a high outsourcing degree influence the efficiency predictions positively. Mean...
Persistent link: https://www.econbiz.de/10010990184