IDEAS home Printed from https://ideas.repec.org/p/csc/cerisp/200103.html
   My bibliography  Save this paper

The Local Public Transport in Italy: Determinants of Cost Structure

Author

Listed:

Abstract

The aim of the present study is to provide fresh evidence about the characteristics of cost structure of public transit systems in Italy. The analysis is carried out by comparing the productive performance (average costs and productivity) of small, medium and large-sized companies providing both urban and extra-urban transport service. The sample includes observations of 47 Italian firms operating during the period 1996-1998. In an attempt to analyze the composite nature of costs, we separate components closely related to the physical production of output from those concerning the general organization of transport service and selling activities. The results highlight the role played by input prices and labor and capital productivity in explaining the observed cost differences between companies. The findings also show that inefficiency varies with firm size, network density, the average speed of vehicles and the regulatory context (in terms of the different subsidization mechanisms) that companies have to face.

Suggested Citation

  • Giovanni Fraquelli & Massimiliano Piacenza & Graziano Abrate, 2001. "The Local Public Transport in Italy: Determinants of Cost Structure," CERIS Working Paper 200103, Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY -NOW- Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY.
  • Handle: RePEc:csc:cerisp:200103
    as

    Download full text from publisher

    File URL: http://www.digibess.it/fedora/repository/object_download/openbess:TO094-00193/PDF/openbess_TO094-00193.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Timothy Dunne & Mark J. Roberts & Larry Samuelson, 1988. "Patterns of Firm Entry and Exit in U.S. Manufacturing Industries," RAND Journal of Economics, The RAND Corporation, vol. 19(4), pages 495-515, Winter.
    2. Cairns, Robert D & Mahabir, Dhanayshar, 1988. "Contestability: A Revisionist View," Economica, London School of Economics and Political Science, vol. 55(218), pages 269-276, May.
    3. Schwalbach, Joachim, 1987. "Entry by diversified firms into German industries," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 43-49, March.
    4. Baldwin, John R. & Gorecki, Paul K., 1987. "Plant creation versus plant acquisition : The entry process in canadian manufacturing," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 27-41, March.
    5. Montgomery, Cynthia A. & Hariharan, S., 1991. "Diversified expansion by large established firms," Journal of Economic Behavior & Organization, Elsevier, vol. 15(1), pages 71-89, January.
    6. Lemelin, Andre, 1982. "Relatedness in the Patterns of Interindustry Diversification," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 646-657, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    local public transport; cost structure; factor productivity; incentives;

    JEL classification:

    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:csc:cerisp:200103. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anna Perin) or (Giancarlo Birello). General contact details of provider: http://edirc.repec.org/data/cerisit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.