Productivity measurement in the urban bus sector
David Hensher and
Rhonda Daniels
Transport Policy, 1995, vol. 2, issue 3, 179-194
Abstract:
This paper investigates the relative performance of urban bus operators in Australia. An index of gross total factor productivity (GTFP) for each operator is developed and decomposed to identify the sources of variation across operators, such as the role of different institutional and regulatory 'constraints' on relative performance. Data has been compiled from a sample of private bus operations in Brisbane, Sydney and Melbourne and all of the public operators in Australia for the financial year 1991/92. The emphasis is on the cost efficiency and cost effectiveness of private and public urban bus operators in Australia.
Date: 1995
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