Standard costs of regional public rail passenger transport: evidence from Italy

Alessandro Avenali; Andrea Monticini; Giuseppe Catalano; Andrea Boitani; Giorgio Matteucci

doi:10.1080/00036846.2019.1677852

Standard costs of regional public rail passenger transport: evidence from Italy

Alessandro Avenali, Andrea Monticini, Giuseppe Catalano, Andrea Boitani, Giorgio Matteucci

University of Rome La Sapienza

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

Abstract

The paper estimates the standard cost in Italian regional public rail passenger transport services (LPTR), depending on service characteristics. The results highlight the crucial role of: number of seats per ride, commercial speed, service size and length of rail tracks. The model also shows the positive link between investment in rolling stock and the unit cost of the service. Finally, based on the empirical evidence, we propose regulatory adjustments to accomplish policy targets regarding the fair allocation of public LPTR funds to Regions and Local Authorities and a more efficient use of (scarce) local and national public resources.

Original language	English
Pages (from-to)	1704-1715
Number of pages	12
Journal	Applied Economics
Volume	52
DOIs	https://doi.org/10.1080/00036846.2019.1677852
Publication status	Published - 2020

Keywords

bootstrap
fiscal federalism
local public transport
standard costs

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10.1080/00036846.2019.1677852

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title = "Standard costs of regional public rail passenger transport: evidence from Italy",

abstract = "The paper estimates the standard cost in Italian regional public rail passenger transport services (LPTR), depending on service characteristics. The results highlight the crucial role of: number of seats per ride, commercial speed, service size and length of rail tracks. The model also shows the positive link between investment in rolling stock and the unit cost of the service. Finally, based on the empirical evidence, we propose regulatory adjustments to accomplish policy targets regarding the fair allocation of public LPTR funds to Regions and Local Authorities and a more efficient use of (scarce) local and national public resources.",

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AU - Avenali, Alessandro

AU - Monticini, Andrea

AU - Catalano, Giuseppe

AU - Boitani, Andrea

AU - Matteucci, Giorgio

PY - 2020

Y1 - 2020

N2 - The paper estimates the standard cost in Italian regional public rail passenger transport services (LPTR), depending on service characteristics. The results highlight the crucial role of: number of seats per ride, commercial speed, service size and length of rail tracks. The model also shows the positive link between investment in rolling stock and the unit cost of the service. Finally, based on the empirical evidence, we propose regulatory adjustments to accomplish policy targets regarding the fair allocation of public LPTR funds to Regions and Local Authorities and a more efficient use of (scarce) local and national public resources.

AB - The paper estimates the standard cost in Italian regional public rail passenger transport services (LPTR), depending on service characteristics. The results highlight the crucial role of: number of seats per ride, commercial speed, service size and length of rail tracks. The model also shows the positive link between investment in rolling stock and the unit cost of the service. Finally, based on the empirical evidence, we propose regulatory adjustments to accomplish policy targets regarding the fair allocation of public LPTR funds to Regions and Local Authorities and a more efficient use of (scarce) local and national public resources.

KW - bootstrap

KW - fiscal federalism

KW - local public transport

KW - standard costs

KW - bootstrap

KW - fiscal federalism

KW - local public transport

KW - standard costs

UR - http://hdl.handle.net/10807/143126

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DO - 10.1080/00036846.2019.1677852

M3 - Article

SN - 0003-6846

VL - 52

SP - 1704

EP - 1715

JO - Applied Economics

JF - Applied Economics

ER -

Standard costs of regional public rail passenger transport: evidence from Italy

Abstract

Keywords

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