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Performance in single mode bus transit systems is analyzed in this paper. The paper points to two potential problems in using partial productivity and other measures in assessing the performance levels of transit systems. One solution suggested is total factor productivity which is shown to be...
Persistent link: https://www.econbiz.de/10005270820
This paper investigates total factor productivity as a unified measure of transit performance. The approach uses the shift in the cost function of inputs and outputs as the measure of change in productivity. A three step regression procedure was used to estimate model parameters. The approach...
Persistent link: https://www.econbiz.de/10005279753
Persistent link: https://www.econbiz.de/10004931347