Borger, Bruno De; Kerstens, Kristiaan; Staat, Matthias - IÉSEG School of Management, Université Catholique de Lille - 2008
This paper explores a selection of recently proposed bootstrapping techniques to estimate non-parametric convex (DEA) cost frontiers and efficiency scores for transit firms. Using a sample of Norwegian bus operators, the key results can be summarised as follows: (i) the bias implied by...