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Economies of scope in European railways: an efficiency analysis
Growitsch, Christian; Wetzel, Heike - 2006
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a … and, thus, produce railway services with a higher level of efficiency. To determine whether joint or separate production … is more efficient, we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency …
Persistent link: https://www.econbiz.de/10010265126
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Economies of Scope in European Railways: An Efficiency Analysis
Wetzel, Heike; Growitsch, Christian - 2006
production and, thus, produce railway services on a higher level of efficiency. To determine whether joint or separate production … is more efficient we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency … aufweisen als vertikal separierte Unternehmen. Dazu berechnen wir ein Data Envelopment Analysis super-efficiency bootstrapping …
Persistent link: https://www.econbiz.de/10010269952
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Market size and vertical structure in the rail way industry
Matsushima, Noriaki; Mizutani, Fumitoshi - 2011
We provide a theoretical framework to discuss the relation between market size and vertical structure in the railway industry. The framework is based on a simple downstream monopoly model with two input suppliers, labor forces and the rail infrastructure firm. The operation of the downstream...
Persistent link: https://www.econbiz.de/10010332400
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Biased quality investments and organisational structures in network industries: An application to the railway industry
Pakula, Benjamin; Götz, Georg - 2011
This paper analyses the incentives to upgrade input quality in vertically related (network) industries. Upstream investments have a biased effect on the downstream companies and lead to vertical product differentiation. Different vertical structures such as vertical integration, ownership and...
Persistent link: https://www.econbiz.de/10010286357
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Testing for economies of scope in European railways: an effciency analysis
Growitsch, Christian; Wetzel, Heike - 2007
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a … and, thus, produce railway services with a higher level of efficiency. To determine whether joint or separate production … is more efficient, we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency …
Persistent link: https://www.econbiz.de/10010261671
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A Product Market Theory of Worker Training
Gersbach, Hans; Schutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others? trained employees and finally engage in imperfect product market...
Persistent link: https://www.econbiz.de/10010262533
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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2003
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market...
Persistent link: https://www.econbiz.de/10010315501
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A product-market theory of industry-specific training
Gersbach, Hans; Schmutzler, Armin - 2006
We develop a product market theory that explains why firms provide their workers with skills that are sufficiently general to be potentially useful for competitors. We consider a model where firms first decide whether to invest in industry-specific human capital, then make wage offers for each...
Persistent link: https://www.econbiz.de/10010315527
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Globalization and general worker training
Gersbach, Hans; Schmutzler, Armin - 2004
We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...
Persistent link: https://www.econbiz.de/10010315570
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Infrastructure quality in deregulated industries: Is there an underinvestment problem
Buehler, Stefan; Schmutzler, Armin; Benz, Men-Andri - 2002
We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10010315603