Analysis quantifies efficiency in public bus transport, highlighting ownership and competition implications.
This paper quantifies the technical efficiency of German public bus transport companies and discusses main factors influencing their performance, using a stochastic production frontier approach. We test for the efficiency impact of ownership structure, competitive tendering, and potential cross-subsidisation in multi-utility enterprises. Companies that operate in regions where competitive tendering takes place reveal a significantly higher mean efficiency than other companies. Companies that are part of multi-utility enterprises have a significantly lower mean efficiency. Ownership structure has no impact on efficiency.
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Scheffler et al. (2013) studied this question.
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