Testing for Economies of Scope in European Railways: An Efficiency Analysis
Christian Growitsch () and
Heike Wetzel ()
Journal of Transport Economics and Policy, 2009, vol. 43, issue 1, 1-24
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. © 2009 LSE and the University of Bath
References: Add references at CitEc
Citations: View citations in EconPapers (47) Track citations by RSS feed
Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... (20090101)43:1L.1;1- (text/html)
Access to full text is restricted to subscribers.
Working Paper: Testing for Economies of Scope in European Railways: An Efficiency Analysis (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:43:y:2009:i:1:p:1-24
Access Statistics for this article
Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham
More articles in Journal of Transport Economics and Policy from University of Bath
Bibliographic data for series maintained by Christopher F. Baum ().