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Total factor productivity in transit systems: 1983-1988

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  • Obeng, Kofi
  • Assar, Nasir
  • Benjamin, Julian

Abstract

Performance in single mode bus transit systems is analyzed in this paper. The paper points to two potential problems in using partial productivity and other measures in assessing the performance levels of transit systems. One solution suggested is total factor productivity which is shown to be mathematically related to many of the traditional measures of performance. Next, total factor productivity is determined using data for a sample of single mode bus transit systems. As part of the analysis, a neoclassical cost function is developed which allows for decomposition of total factor productivity among technical change and economies of scale. The major conclusions include growth of total factor productivity of 1.1% per year and technical growth of 1.14% per year. Growth of total factor productivity is attributed to output, the productivities of all inputs and technical change. Policy implications of these findings are examined.

Suggested Citation

  • Obeng, Kofi & Assar, Nasir & Benjamin, Julian, 1992. "Total factor productivity in transit systems: 1983-1988," Transportation Research Part A: Policy and Practice, Elsevier, vol. 26(6), pages 447-455, November.
  • Handle: RePEc:eee:transa:v:26:y:1992:i:6:p:447-455
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    Cited by:

    1. Lin, Zhuo & Choo, Yap Y. & Oum, Tae H., 2013. "Efficiency Benchmarking of North American Airports: Comparative Results of Productivity Index, Data Envelopment Analysis and Stochastic Frontier Analysis," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 52(1).
    2. Randrianarisoa, Laingo Manitra & Bolduc, Denis & Choo, Yap Yin & Oum, Tae Hoon & Yan, Jia, 2015. "Effects of corruption on efficiency of the European airports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 79(C), pages 65-83.
    3. Rinki Sarkar, 1998. "Economic Characteristics Of The Urban Bus Transit Industry- A Comparative Analysis Of Three Regulated Metropolitan Bus Corporations In India," Working papers 54, Centre for Development Economics, Delhi School of Economics.

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