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

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

Research output: Contribution to journalArticlepeer-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 languageEnglish
Pages (from-to)N/A-N/A
JournalApplied Economics
DOIs
Publication statusPublished - 2019

Keywords

  • bootstrap
  • fiscal federalism
  • local public transport
  • standard costs

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