Economics at your fingertips  

Assessing total factor productivity growth of the passenger-bus transit systems in Indian metropolitan cities using the sequential Malmquist-Luenberger productivity index approach

Rachita Gulati ()

Applied Economics Letters, 2021, vol. 28, issue 4, 274-280

Abstract: This article examines the patterns of total factor productivity (TFP) growth in eight state-owned passenger bus companies operating in major metropolitan cities of India. A state-of-the-art and innovative sequential Malmquist-Luenberger productivity index (SMLPI) approach is applied to compute unbiased estimates of TFP growth and its decomposed components. The empirical results based on the panel data set for the period 2011–2016 suggest that technical inefficiency is a common characteristic of bus companies providing passenger services in metropolitan cities. The analysis of TFP growth at the aggregate level reveals that the public bus transit system placed in Indian metropolitan cities experiences mild productivity regress, which is entirely attributable to efficiency loss. The disaggregated analysis provides that only four bus companies experience productivity gains throughout the sample period. Pune Mahamandal appears to be the most innovative bus company.

Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1080/13504851.2020.1751799

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2022-11-05
Handle: RePEc:taf:apeclt:v:28:y:2021:i:4:p:274-280