Please use this identifier to cite or link to this item:
|Title:||Some Determinants of Cost Efficiency in German Public Transport|
|Citation:||International Conference Series on Competition and Ownership in Land Passenger Transport – 2009 – Delft, The Netherlands – Thredbo 11|
|Abstract:||This paper evaluates cost efficiency and some of its managerial determinants in Germany’s local public transport. A heteroscedastic Stochastic Frontier approach reveals that a high degree of tramcar utilisation and a high outsourcing degree influence the efficiency predictions positively. Mean efficiencies lie between 0.849 and 0.952, depending on the applied panel data models accounting for unobserved heterogeneity and observed heterogeneous output variables for tram, light railway and metro services. The inefficiency levels correspond to a savings potential between 1.40 and 4.43 bn EUR based on the 28.23 bn EUR total costs (in 2006 prices) for 254 observations of 39 companies 1997-2006.|
|Description:||Workshop 1 Benchmarking the outcome of competivie tendering|
|Rights and Permissions:||Copyright the University of Sydney|
|Type of Work:||Conference paper|
|Appears in Collections:||Thredbo 11|
This work is protected by Copyright. All rights reserved. Access to this work is provided for the purposes of personal research and study. Except where permitted under the Copyright Act 1968, this work must not be copied or communicated to others without the express permission of the copyright owner. Use the persistent URI in this record to enable others to access this work.
|1-08-008-2009-07-22-Walter-Cost-effiency-in-German-Public-Transport.pdf||571.43 kB||Adobe PDF||View/Open|
Items in Sydney eScholarship Repository are protected by copyright, with all rights reserved, unless otherwise indicated.