Testing for Economies of Scope in European Railways: An Efficiency Analysis

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Authors

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 realise 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.

OriginalspracheEnglisch
ZeitschriftJournal of Transport Economics and Policy
Jahrgang43
Ausgabenummer1
Seiten (von - bis)1-24
Anzahl der Seiten24
ISSN0022-5258
PublikationsstatusErschienen - 01.2009

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