This paper investigates how geography affects the performance of local public transport firms in Italy. Using data on 110 firms involved in urban and interurban transport, we provide different estimates of stochastic cost frontiers. It emerges that geographic variables impact on the efficiency of firms. In particular, we find that transport in metropolitan areas and in mountain areas account for a loss in efficiency of 15-21% and of 15-18%, respectively.
Géographie et transports publics locaux = Geography and the local public transport / M. Alderighi, G. Gorla. - In: REVUE D'ÉCONOMIE RÉGIONALE ET URBAINE. - ISSN 0180-7307. - 2023:1(2013), pp. 163-178.
Géographie et transports publics locaux = Geography and the local public transport
M. Alderighi;
2013
Abstract
This paper investigates how geography affects the performance of local public transport firms in Italy. Using data on 110 firms involved in urban and interurban transport, we provide different estimates of stochastic cost frontiers. It emerges that geographic variables impact on the efficiency of firms. In particular, we find that transport in metropolitan areas and in mountain areas account for a loss in efficiency of 15-21% and of 15-18%, respectively.
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