Ownership and competition in European transit: Assessing efficiency

Karlaftis, MG

dc.contributor.author	Karlaftis, MG	en
dc.date.accessioned	2014-03-01T01:34:03Z
dc.date.available	2014-03-01T01:34:03Z
dc.date.issued	2010	en
dc.identifier.issn	1812-8602	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/20665
dc.subject	Competition	en
dc.subject	Efficiency	en
dc.subject	Ownership	en
dc.subject	Public transport	en
dc.subject.classification	Transportation	en
dc.subject.classification	Transportation Science & Technology	en
dc.subject.other	Dynamic arches	en
dc.subject.other	Error components	en
dc.subject.other	Error structures	en
dc.subject.other	Ownership	en
dc.subject.other	Public transit systems	en
dc.subject.other	Public transport	en
dc.subject.other	Public transport systems	en
dc.subject.other	Stochastic frontier	en
dc.subject.other	Time-periods	en
dc.subject.other	Transport operators	en
dc.subject.other	Arches	en
dc.subject.other	Mass transportation	en
dc.subject.other	Stochastic models	en
dc.subject.other	Competition	en
dc.title	Ownership and competition in European transit: Assessing efficiency	en
heal.type	journalArticle	en
heal.identifier.primary	10.1080/18128600903034342	en
heal.identifier.secondary	http://dx.doi.org/10.1080/18128600903034342	en
heal.language	English	en
heal.publicationDate	2010	en
heal.abstract	Ownership and competition and their effect on public transit system efficiency is a topic of considerable interest. In this article, we use a stochastic frontier error component model specification that incorporates a dynamic ARCH error structure to assess the effects of ownership and competition on European public transport systems using data from 15 European systems for a 10-year time period (1990-2000). Results indicate: (i) a clear rejection of the standard frontier model and existence of ARCH-related heteroskedastic technical inefficiency; (ii) transport operators in cities where competition has been introduced to demonstrate increased efficiency and (iii) efficiency findings vary between different error formulations. © 2010 Hong Kong Society for Transportation Studies Limited.	en
heal.publisher	TAYLOR & FRANCIS INC	en
heal.journalName	Transportmetrica	en
dc.identifier.doi	10.1080/18128600903034342	en
dc.identifier.isi	ISI:000276102700004	en
dc.identifier.volume	6	en
dc.identifier.issue	2	en
dc.identifier.spage	143	en
dc.identifier.epage	160	en