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Regulatory Constraints and Cost Efficiency of the Italian Public Transit Systems: An Exploratory Stochastic Frontier Model

Piacenza, Massimiliano - Istituto di Ricerca sulla Crescita Economica … - 2002

The core of the present study is to analyse the cost efficiency of public transit systems in Italy, investigating the way subsidization mechanisms and network characteristics affect the x-inefficiency levels of firms. The analysis uses a seven-year (1993-1999) unbalanced panel of 45 Italian...

Persistent link: https://www.econbiz.de/10009386314

The impact of Integrated Tariff Systems on public transport demand : evidence from Italy

Abrate, Graziano; Piacenza, Massimiliano; Vannoni, Davide - In: Regional science & urban economics 39 (2009) 2, pp. 120-127

Persistent link: https://www.econbiz.de/10003825674

Struttura di costo e rendimenti di scala nelle imprese di trasporto pubblico locale di grandi dimensioni

Cambini, Carlo; Paniccia, Ivana; Piacenza, Massimiliano; … - In: Rivista italiana degli economisti : the journal of the … 12 (2007) 1, pp. 43-78

Persistent link: https://www.econbiz.de/10003723718

Restructuring public transit systems : evidence on cost properties from medium and large-sized companies

Cambini, Carlo; Piacenza, Massimiliano; Vannoni, Davide - In: Review of industrial organization : RIO 31 (2007) 3, pp. 183-203

Persistent link: https://www.econbiz.de/10003718420

Regulatory contracts and cost efficiency : stochastic frontier evidence from the Italian local public transport

Piacenza, Massimiliano - In: Journal of productivity analysis 25 (2006) 3, pp. 257-277

Persistent link: https://www.econbiz.de/10003349690

Regulatory Contracts and Cost Efficiency: Stochastic Frontier Evidence from the Italian Local Public Transport

Piacenza, Massimiliano - In: Journal of Productivity Analysis 25 (2006) 3, pp. 257-277

The main objective of this paper is to investigate the way subsidization mechanisms affect the cost efficiency of public transit systems, taking into account the role played by the environmental characteristics of each network. A cost frontier model is estimated for a seven-year panel of 44...

Persistent link: https://www.econbiz.de/10005711793