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In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus oil economics of vertical integration. We test the hypothesis that integrated railways realise economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10009527147
Persistent link: https://www.econbiz.de/10009618703
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10003655235
Persistent link: https://www.econbiz.de/10004880531
In recent years the economic performance of public non-profit sectors such as cultural services has become an interesting economic issue. This is due to the high dependence of cultural institutions on public funding on the one hand and the increasing cost-pressure on public budgets on the other...
Persistent link: https://www.econbiz.de/10003872556
This paper analyzes the productivity development in the German public theater sector for the seasons 1991/1992-2005/2006. Using a stochastic distance frontier approach that allows to decompose total factor productivity change into different sources we examine (a) whether Baumol’s cost-disease...
Persistent link: https://www.econbiz.de/10003968709
Persistent link: https://www.econbiz.de/10003952483
Persistent link: https://www.econbiz.de/10003989905
Persistent link: https://www.econbiz.de/10003924127
Persistent link: https://www.econbiz.de/10010505329