Showing 1 - 10 of 16
We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North...
Persistent link: https://www.econbiz.de/10005068886
Germany's water supply industry is characterized by a multitude of utilities and widely diverging prices, possibly resulting from structural differences beyond the control of firms' management, but also from inefficiencies. In this article we use Data Envelopment Analysis and Stochastic Frontier...
Persistent link: https://www.econbiz.de/10009646238
Subsidies are considered important means to facilitate the provision of public transit, yet the empirical evidence implies that they can have harming effects on costs and possibly also on operators' performance. This paper examines the impacts of deficit-balancing subsidies on the cost...
Persistent link: https://www.econbiz.de/10008682204
Competitive tendering of local bus services in Germany has received increased attention. Employing Seemingly Unrelated Regression analyses, we observe that prices have regionally varying determinants; for example, while prices throughout most of the federal state of Hesse increase over time,...
Persistent link: https://www.econbiz.de/10008805014
This paper applies parametric and non-parametric and parametric tests to assess the efficiency of electricity distribution companies in Germany. We address traditional issues in electricity sector benchmarking, such as the role of scale effects and optimal utility size, as well as new evidence...
Persistent link: https://www.econbiz.de/10009226127
In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight...
Persistent link: https://www.econbiz.de/10008558924
On behalf of the Deutsche Telekom Stiftung (Deutsche Telekom Foundation) and the Bundesverband der Deutschen Industrien (Federation of German Industries) DIW Berlin has investigated Germany's innovative capacity for the fifth time in an international comparison. The survey evaluates the ability...
Persistent link: https://www.econbiz.de/10008561066
We analyze the technical efficiency of German and Swiss urban public transport companies by means of SFA. In transport networks we might face different network structures or complexities, not observed, but influencing the production process. The unobserved factors are typically modeled as...
Persistent link: https://www.econbiz.de/10008549990
In January 2009 Germany introduced incentive regulation for the electricity distribution sector based on results obtained from econometric and nonparametric benchmarking analysis. One main problem for the regulator in assigning the relative efficiency scores are unobserved firm-specific factors...
Persistent link: https://www.econbiz.de/10005068651
In this paper, we present a nonparametric comparative efficiency analysis of 179 communal public transport bus companies in Germany (1990-2004). We apply both deterministic data envelopment analysis (DEA) and bootstrapping to test the robustness of our estimates and to test the hypothesis of...
Persistent link: https://www.econbiz.de/10005068743