Econometric Analysis of O.U.T.A. – Organisation of Urban Transportations of Athens

In this project we will analyse specific economic factors of O.U.T.A. (Organism of Urban and Transportations of Athens. O.U.T.A. is a legal person of private law and was established in according to the law 2175/1993, as a successor of O.U.T. . (Organism of Urban and Transportations). O.U.T. was established in according to the law 588/1977 as a full public enterprise, applicable under the principles of private economy and operational for the public benefit under the supervisor and the control of the Ministry of transportations and communications. O.U.T.A. as a maternal enterprise supervise four other companies, which they belong to O.U.T.A. There are U.T.B. (Union of thermal bushes), which concerns the control of thermal bushes, E.R.A.P. (Electric Railroad of Athens-Peraia ) which took over the control of the Electric railroad of Athens and also the control of the green bushes, D.E.B.A.P. (Driven by Electricity bushes of Athens-Peraia) the driven bushes by electricity with antennas and finally the A.M.C.F. (Attica Metro company function) which company is not anything else than the company that have taken over the control of the Metro function. In the first chapter we will analyse three models of adaptive expectations. The first model concerns the revenues, the second concerns investments and third concerns the costs. In the second chapter we will examine, with the help of dynamic Nerlove model, the adjustment of the real revenues at the desirable level. Also the same analysis will be done with the lending and the subsidy. We will examine the O.U.T.A. at the total of the same O.U.T.A. and the total of the other four enterprises, but we will examine also each of the four other companies. In chapter third we present simultaneous equations of revenues and investments. Finally , in fourth chapter is being reference to the Koyck model and the Almon technique. Specifically, we will present two models, which the first concerns, revenues and investments and the second model concerns revenues and the price of tickets.