Showing 1 - 6 of 6
This paper presents various methods of estimating the full marginal cost (FMC) of highway passenger transportation. First, the computation of FMC is performed using the marginal cost functions, most of which were developed by Ozbay et al. [Ozbay, K., Bartin, B., Berechman, J., 2001. Estimation...
Persistent link: https://www.econbiz.de/10005270899
Macro-level studies of the effect of transportation infrastructure investment on regional economic growth have shown positive relationships between the level of public investment and the rate of private capital formation, employment, and output growth. At a microlevel, however, it is not quite...
Persistent link: https://www.econbiz.de/10005270908
The ancient Romans built an excellent system of roads, the development of which required systematic planning, creative design and high-quality construction and maintenance capabilities. At the empire's peak about 85,000 km (53,000 miles) of road connected the capital Rome with its far-away...
Persistent link: https://www.econbiz.de/10005271017
This paper develops, evaluates and ultimately aids in the choosing of an optimal, single allocation, hub-and-spoke network for an airline working in a deregulated market. An integer linear program evaluates potential hub network combinations, whose profits are then determined using a non-linear...
Persistent link: https://www.econbiz.de/10005236042
There seems to be a general move within Europe and North America towards a reduction in economic regulation and a further move towards public enterprise privatisation. This paper takes a European-wide analysis of the conditions of competition and contestability within the bus industry. The first...
Persistent link: https://www.econbiz.de/10005236116
Persistent link: https://www.econbiz.de/10005236202