Revisions and Update: Productivity of Australian Railways 1971/72 to 1991/92

Abstract

This paper revises the findings of the Productivity of Australian Railways study released by ITS in 1992. The findings were released as Research Report ITS-RR-92-1, as Working Paper ITS-WP-92-7 and as a paper published in the proceedings of the 17th Australasian Transport Research Forum. The revisions include: the inclusion of South Australia’s urban passenger services, review of supply side measures of output, a revised measure of capital utilisation, and update of the database to include the latest available information for 1991/92. The paper is in two sections: Section 1 contains an explanation of the revisions and update; while Section 2 contains the results of the revisions and update including a revision of TFP figures and models presented in ITS-WP-92-7 and tables of revised data and TFP measures.