Some Determinants of Cost Efficiency in German Public Transport

Walter, Matthias

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Open Access

Field	Value	Language
dc.contributor.author	Walter, Matthias
dc.date.accessioned	2010-02-19
dc.date.available	2010-02-19
dc.date.issued	2009-01-01
dc.identifier.citation	International Conference Series on Competition and Ownership in Land Passenger Transport – 2009 – Delft, The Netherlands – Thredbo 11	en
dc.identifier.uri	http://hdl.handle.net/2123/5897
dc.description	Workshop 1 Benchmarking the outcome of competivie tendering	en
dc.description.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.	en
dc.description.sponsorship	Institute of Transport and Logistics Studies. Faculty of Economics and Business. The University of Sydney	en
dc.language.iso	en	en
dc.relation.ispartofseries	Thredbo	en
dc.rights	Other	en
dc.title	Some Determinants of Cost Efficiency in German Public Transport	en
dc.type	Conference paper	en
dc.rights.other	Copyright the University of Sydney	en
usyd.faculty	The University of Sydney Business School, Institute of Transport and Logistics Studies (ITLS)	en
usyd.citation.volume	11	en