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In this paper we first consider alternative measures of efficiency. We explain why simple partial productivity measures are inadequate as the basis of overall measures of efficiency, and outline two alternative approaches. The first is technical efficiency - the degree to which output is...
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Assessing railway efficiency is complex for a number of reasons. Railways produce a wide range of outputs including passenger service, freight service and, in some cases, separated infrastructure access services. Railways that differ in scale or in the mix of these services inherently differ in...
Persistent link: https://www.econbiz.de/10010479695
In this paper we first consider alternative measures of efficiency. We explain why simple partial productivity measures are inadequate as the basis of overall measures of efficiency, and outline two alternative approaches. The first is technical efficiency - the degree to which output is...
Persistent link: https://www.econbiz.de/10010479707
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The ITF has produced a series of reports and discussion papers addressing the interrelated issues of railway structure and performance; see for example Beck et al. (2013), Thompson (2013), ECMT (2007) and, Thompson (2007). The academic literature on this subject is also significant, with good...
Persistent link: https://www.econbiz.de/10012454397
This report provides a framework for making reliable comparisons of the efficiency of rail systems. Efficiency is of concern to all governments but measuring it for railways is challenging. This is because of the complexity of providing rail services and the diversity of business models adopted...
Persistent link: https://www.econbiz.de/10012452184
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