Testing for Economies of Scope in European Railways: An Efficiency Analysis
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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.
Originalsprache | Englisch |
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Zeitschrift | Journal of Transport Economics and Policy |
Jahrgang | 43 |
Ausgabenummer | 1 |
Seiten (von - bis) | 1-24 |
Anzahl der Seiten | 24 |
ISSN | 0022-5258 |
Publikationsstatus | Erschienen - 01.2009 |
Bibliographische Notiz
Literaturverz. S. 22 - 24
- Volkswirtschaftslehre