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The main purpose of this study is to evaluate whether the competition factor affects cost reduction or TFP growth, even when ownership is maintained by the public sector. For empirical investigation, we selected the parcel delivery market in Japan. Formerly monopolized by the Post Office, the...
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This paper aims to find the optimal size of an urban private rail organization as well as to evaluate cost difference by ownership. First, after selecting privately owned rail companies, we explore explanatory variables which affect the cost of rail service. Second, keeping in mind previous cost...
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Due to the steady increase in the use of private autos in Japan, the bus business is facing hard times. In particular, bus services owned by public organizations have been struggling with increases in operating deficits and subsidies, so that recently in many cities there has been a call for...
Persistent link: https://www.econbiz.de/10005543098
Although it has for years had a lower unemployment rate than other industrialized countries, Japan has begun to see an increase in unemployment since its economy was hit by the recession of the late 90?s. The level of a nation?s unemployment is commonly seen as a barometer of its economy?s...
Persistent link: https://www.econbiz.de/10005543105
Within this analysis we determine the optimal size (that is, with the minimum average cost) of a water supply enterprise and reconsider the matter of scale economies, using sample data from Japanese water supply organizations. After surveying evidence from previous studies of scale economies in...
Persistent link: https://www.econbiz.de/10005612812
For many years, bus and railway companies in regional areas in Japan have been struggling to stop decreases in passenger numbers. Although motorization and the construction of road networks have caused declining ridership in public transportation, deregulation in the transportation industry has...
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