The Effects of Ownership Structure, Competition, and Cross-Subsidisation on the Efficiency of Public Bus Transport: Empirical Evidence from Germany
Raimund Scheffler,
Karl-Hans Hartwig and
Robert Malina
Journal of Transport Economics and Policy, 2013, vol. 47, issue 3, 371-386
Abstract:
This paper quantifies the technical efficiency of German public bus transport companies and discusses main factors influencing their performance, using a stochastic production frontier approach. We test for the efficiency impact of ownership structure, competitive tendering, and potential cross-subsidisation in multi-utility enterprises. Companies that operate in regions where competitive tendering takes place reveal a significantly higher mean efficiency than other companies. Companies that are part of multi-utility enterprises have a significantly lower mean efficiency. Ownership structure has no impact on efficiency. © 2013 LSE and the University of Bath
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:47:y:2013:i:3:p:371-386
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