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A growing number of Local Public Transport (LPT) companies diversify their production lines by providing a large set of services. We investigate the cost structure of a sample of LPT companies operating in Italy and assess the presence and the magnitude of scope economies. We split the whole...
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This article examines the potential impact of ownership on the cost of bus service provision for a sample of 65 private and 12 public companies providing local public transit (LPT) in Piedmont (Italy) from 1998 to 2002. A translog cost frontier is estimated using the model in Battese and Coelli...
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The relevance of scope economies is central in the unbundling of competitive tendering introduced for the assignment of franchised monopolies in LPT services, concerning either urban or intercity local transport.<BR> We present a number of different cost specifications. The separable quadratic and...
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