• Treffer 1 von 1
Zurück zur Trefferliste

Economies of Scope in European Railways: An Efficiency Analysis

  • In the course of railway reforms at the end of the last century, European national governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway companies argue that such a separation of infrastructure and operations would diminish the advantages of vertical integration and would therefore not be suitable to raise economic welfare. In this paper, we conduct a pan-European analysis to investigate the performance of European railways with a particular focus on economies of scope associated with vertical integration. We test the hypothesis that integrated railways realize economies of joint production and, thus, produce railway services on a higher level of e±ciency. To determine whether joint or separate production is more e±cient we apply an innovative Data Envelopment Analysis super-e±ciency bootstrapping model which relates the e±ciency for integrated production to a virtual reference set consisting of the separated production technology and which is applicable to other network industries as energy and telecommunication as well. Our ¯ndings are that for a majority of European Railway companies economies of scope exist.

Volltext Dateien herunterladen

Metadaten exportieren

Weitere Dienste

Teilen auf Twitter Suche bei Google Scholar
Metadaten
Verfasserangaben:Christian GrowitschGND, Heike Wetzel
URL: https://pub-data.leuphana.de/frontdoor/index/index/docId/429
Dokumentart:Research Paper
Sprache:Englisch
Erscheinungsjahr:2006
Datum der Veröffentlichung (online):21.08.2006
Datum der Freischaltung:21.08.2006
Freies Schlagwort / Tag:Efficiency; Railway Industry; Vertical Integration
GND-Schlagwort:Effizienz; Eisenbahn
Fakultät / Forschungszentrum:Universität / Frühere Fachbereiche
DDC-Klassifikation:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft