Showing 1 - 5 of 5
Fjord crossings by ferries are vital in the Norwegian trunk road system. The ferries areoperated by ferry companies, each ferry company being a monopolist on a bundle ofcrossings. The government regulates prices and service frequencies and awards subsidies tothe companies in order to make the...
Persistent link: https://www.econbiz.de/10009480012
In this paper we provide a yardstick for measuring the performance of ferries involved in theNorwegian trunk road system. We establish a best practice frontier from which individualferries are measured against. The potentials for efficiency improvements can then be derivedgiving the decision...
Persistent link: https://www.econbiz.de/10009480116
This paper provides an assessment of the extent to which targets set by a public authority are achieved by its operational units. A rare DEA framework and its subsequent Malmquist indices are applied on data comprising 19 units over a four year period of 1996 to 1999. The mean efficiency scores...
Persistent link: https://www.econbiz.de/10005168933
We explore how benefit-cost efficiency and electoral support affect road investment decisions in Sweden and Norway. In Norway, neither benefits nor costs seem to affect project selection. In Sweden, civil servants’ decisions are strongly affected by projects’ benefit-cost ratios, with a...
Persistent link: https://www.econbiz.de/10010757801
Persistent link: https://www.econbiz.de/10014549646