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El efecto de la regulación sobre la eficiencia productiva: una aplicación a las compañías ferroviarias europeas

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Author Info
Ana Rodríguez Álvarez (Universidad de Oviedo)
Víctor Fernández Blanco (Universidad de Oviedo)
José Baños Pino (Universidad de Oviedo)

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Abstract

Esta investigación ofrece un primer estudio que analiza teórica y empíricamente cómo se ve afectada la productividad de las compañías ferroviarias europeas por el marco regulador en el que desempeñan su actividad. Para ello, hemos estimado un sistema de ecuaciones basado en la dualidad de las funciones de distancia, utilizando un panel de 17 compañías europeas, donde la regulación se incorpora como una variable explicativa más. Con ello, hemos calculado el coste marginal de la regulación y de los resultados se deduce que ésta afecta negativamente a la tecnología de las compañías. Además, hemos calculado y analizado temporalmente la ineficiencia asignativa. (Copyright: Fundación SEPI)

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File URL: ftp://ftp.funep.es/InvEcon/paperArchive/May2005/v29i2a5.pdf
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Publisher Info
Article provided by Fundación SEPI in its journal Investigaciones Económicas.

Volume (Year): 29 (2005)
Issue (Month): 2 (May)
Pages: 351-378
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Handle: RePEc:iec:inveco:v:29:y:2005:i:2:p:351-378

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Postal: Investigaciones Economicas Fundación SEPI Quintana, 2 (planta 3) 28008 Madrid Spain
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Related research
Keywords: dualidad; funciones de distancia; precios sombra;

Find related papers by JEL classification:
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Bauer, Paul W., 1990. "Recent developments in the econometric estimation of frontiers," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 39-56. [Downloadable!] (restricted)
  2. José Manuel Pastor Monsálvez & Lorenzo Serrano Martínez & Pedro Cantos, 2002. "Cost And Revenue Inefficiencies In The European Railways," Working Papers. Serie EC 2002-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  3. Pedro Cantos & José Pastor & Lorenzo Serrano, 1999. "Productivity, efficiency and technical change in the European railways: A non-parametric approach," Transportation, Springer, vol. 26(4), pages 337-357, November. [Downloadable!] (restricted)
  4. Philippe Gagnepain & Marc Ivaldi, 2002. "Incentive Regulatory Policies: The Case of Public Transit Systems in France," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 605-629, Winter.
    Other versions:
  5. Andrikopoulos, Andreas A & Loizides, John, 1998. "Cost Structure and Productivity Growth in European Railway Systems," Applied Economics, Taylor and Francis Journals, vol. 30(12), pages 1625-39, December. [Downloadable!] (restricted)
    Other versions:
  6. Perelman, Sergio & Pestieau, Pierre, 1988. "Technical performance in public enterprises : A comparative study of railways and postal services," European Economic Review, Elsevier, vol. 32(2-3), pages 432-441, March. [Downloadable!] (restricted)
  7. Schmidt, Peter & Sickles, Robin C, 1984. "Production Frontiers and Panel Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 2(4), pages 367-74, October.
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