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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 in order to assess the presence and the magnitude of scope economies. We split the...
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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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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...
Persistent link: https://www.econbiz.de/10010549419