EconPapers    
Economics at your fingertips  
 

Potential Gains from Mergers in Local Public Transport: An Efficiency Analysis Applied to Germany

Matthias Walter () and Astrid Cullmann ()

No 832, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North Rhine-Westphalia. We merge them into geographically meaningful, larger units that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency, synergy and size effects following the methodology of Bogetoft and Wang [Bogetoft, P., Wang, D., 2005. Estimating the Potential Gains from Mergers. Journal of Productivity Analysis, 23(2), 145-171]. Our empirical findings suggest that substantial gains up to 16 percent of factor inputs are present, mainly resulting from synergy effects.

Keywords: Merger; Public Transport; Efficiency; Data Envelopment Analysis (search for similar items in EconPapers)
JEL-codes: C14 L11 L92 (search for similar items in EconPapers)
Pages: 35 p.
Date: 2008
New Economics Papers: this item is included in nep-com, nep-eff, nep-ind, nep-pbe and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.diw.de/documents/publikationen/73/diw_01.c.89947.de/dp832.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp832

Access Statistics for this paper

More papers in Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Bibliothek ().

 
Page updated 2024-07-22
Handle: RePEc:diw:diwwpp:dp832