Testing for Economies of Scope in European Railways: an effciency analysis
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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Lüneburg: Universität Lüneburg, 2008. (Working paper series in economics; Band 72).
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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RIS
TY - UNPB
T1 - Testing for Economies of Scope in European Railways
T2 - an effciency analysis
AU - Wetzel, Heike
AU - Growitsch, Christian
N1 - Literaturverz. S. 22 - 25
PY - 2008
Y1 - 2008
N2 - In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a higher level of efficiency. To determine whether joint or separate production is more efficient, we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency for integrated production to a reference set consisting of separated firms which use a different production technology. We find that for a majority of European railways economies of scope exist.
AB - In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a higher level of efficiency. To determine whether joint or separate production is more efficient, we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency for integrated production to a reference set consisting of separated firms which use a different production technology. We find that for a majority of European railways economies of scope exist.
KW - Economics
KW - efficiency
KW - vertical integration
KW - railway industry
M3 - Working papers
T3 - Working paper series in economics
BT - Testing for Economies of Scope in European Railways
PB - Universität Lüneburg
CY - Lüneburg
ER -