Operating Costs for Trucks

David Levinson, Michael Corbett and Maryam Hashami

No 24, Working Papers from University of Minnesota: Nexus Research Group

Abstract: This study estimates the operating costs for commercial vehicle operators in Minnesota. A survey of firms that undertake commercial truck road movements was performed. The average operating cost per kilometer for commercial vehicle operators was calculated from the survey responses. Results show that the translog and Cobb-Douglas models have approximately equal explanatory power in estimating the total cost from the data. The models also revealed the presence of nearly constant returns to scale, a finding consistent with earlier studies; an increase in output (total truckloads) of 1% increases total costs by 1.04%.

JEL-codes: D21 D24 R40 R42 R48 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)

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http://hdl.handle.net/11299/179830 First version, 2007 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:truckoperatingcosts

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